$EURUSD

EURUSD closed lower on Thursday and below the 20-day moving average crossing at 134.30 confirming that a short-term top has been posted. The low-range close sets the stage for a steady to lower opening on Friday.

Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If March extends today's decline, the reaction low crossing at 132.62 is the next downside target. If March renews this winter's rally, weekly resistance crossing at 138.31 is the next upside target. 

First resistance is last Friday's high crossing at 137.15. 

Second resistance is weekly resistance crossing at 138.31. 

First support is today's low crossing at 133.74. 

Second support is the reaction low crossing at 132.62.