Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If June extends the rally off this month's low, the 38% retracement level of the January-March decline crossing at 1.5388 is the next upside target. If June renews this year's decline, weekly support crossing at 1.4346 is the next downside target.
First resistance is the 25% retracement level of the January-March decline crossing at 1..
Second resistance is the 38% retracement level of the January-March decline crossing at 1.5388.
First support is this month's low crossing at 1.4823.
Second support is weekly support crossing at 1.4346.
