Stochastics and the RSI are turning bullish signaling that sideways to higher prices are possible
near-term. If March extends Wednesday's rally, the reaction high crossing at 102.10 is the next upside target. Closes below last Friday's low crossing at 100.11 would confirm that a short-term top has been posted.
near-term. If March extends Wednesday's rally, the reaction high crossing at 102.10 is the next upside target. Closes below last Friday's low crossing at 100.11 would confirm that a short-term top has been posted.
First resistance is December's high crossing at 101.58.
Second resistance is the reaction high crossing at 102.10.
First support is last Friday's low crossing at 100.14.
Second support is November's low crossing at 99.19.
Second support is November's low crossing at 99.19.