Stochatics and the RSI are oversold but remain neutral to bearish signaling that additional weakness is possible near-term. If March extends the decline off September's high, monthly
support crossing at .11697 is the next downside target. Closes above the 20-day moving average crossing at .12088 are needed to confirm that a short-term top has been posted.
support crossing at .11697 is the next downside target. Closes above the 20-day moving average crossing at .12088 are needed to confirm that a short-term top has been posted.
First resistance is the 10-day moving average crossing at .11997.
Second resistance is the 20-day moving average crossing at .12088.
First support is Wednesday's low crossing at .11827.
Second support is monthly support crossing at .11697.
