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 aforementioned rally, weekly resistance crossing at 134.88 is the next upside target. Closes below the 20-day moving average crossing at 132.20 would confirm that a short-term top has been posted.
First resistance is Monday's high crossing at 134.13.
Second resistance is weekly resistance crossing at 134.88.
First support is the 20-day moving average crossing at 132.20.
Second support is this month's low crossing at 130.46.
