Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, the reaction high crossing at 102.10 is the next upside target. Closes below the 20-day moving average crossing at 100.49 would signal that a short-term top has been posted.
First resistance is today's high crossing at 101.58.
Second resistance is the reaction high crossing at 102.10.
First support is the 10-day moving average crossing at 100.82.
Second support is the 20-day moving average crossing at 100.49.
