By Randolph Donney — Mar 08 - 03:10 PM
Prices breached the 200-DMA, key Dec. 20 day's high at 137.45-465 on EBS
But may not be able to close above them on Wednesday
Close above would point toward the 50% Fibo of the Oct-Jan drop at 139.58
The Dec. 15 swing high at 138.18 is an intervening historical hurdle
Daily RSIs didn't make new trend highs with prices today
But it's too soon to deem that a bearish divergence
The falling 100-DMA and rising 10-DMA at 136.27 offer support
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Source:
Refinitiv IFR Research/Market Commentary