Stochastics and the RSI are overbought but remain bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, the 62% retracement level of this year's decline crossing at .11153 is the next upside target. Closes below the 20-day moving average crossing at .10810 would confirm that a short-term low has been posted.
First resistance is today's high crossing at .11021.
Second resistance is the 62% retracement level of this year's decline crossing at .11153.
First support is the 10-day moving average crossing at .10836.
Second support is the 20-day moving average crossing at .10810.
