Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, the reaction high crossing at 102.10 is the next upside target. Closes below the reaction low crossing at 100.62 would confirm that a short-term top has been posted.
First support is the 20-day moving average crossing at 101.01.
First resistance is last Friday's high crossing at 101.75.
Second resistance is the reaction high crossing at 102.10.
First support is the 20-day moving average crossing at 101.01.
Second support is the reaction low crossing at 100.62.
