Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March renews last week's decline, December's low crossing at 128.92 is the next downside target. Closes above the 20-day moving average crossing at 1.3159 are needed to confirm that a short-term top has been posted.
First resistance is the 20-day moving average crossing at 1.3159.
Second resistance is last Wednesday's high crossing at 1.3289.
First support is last Friday's low crossing at 1.3005.
Second support is December's low crossing at 1.2892.
