Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. If March extends the aforementioned rally, weekly resistance crossing at 134.94 is the next upside target. Closes below the 10-day moving average crossing at 131.92 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 134.94.
First support is the 10-day moving average crossing at 131.92.
Second resistance is the reaction low crossing at 130.05.
