Stochastics and the RSI are oversold but remain neutral to bearish signaling that additional weakness is possible near-term. If March extends this year's decline, weekly support crossing at 1.4857 is the next downside target. Closes above the 20-day moving average crossing at 1.5446 are needed to confirm that a short-term low has been posted.
First resistance is the 10-day moving average crossing at 1.5231.
Second resistance is the 20-day moving average crossing at 1.5447.
First support is the overnight low crossing at 1.5008.
Second support is weekly support crossing at 1.4857.
Second support is weekly support crossing at 1.4857.
