on a failure to close above the recent highs 82.53 would be a good sell signal for the pair. Several indicators are showing divergence on the chart, but most prominent are MACD and Slow Stochastic. Important levels to watch is yesterdays high of 82.48 and Feb 12 high of 82.53. That could serve as the resistance points and stop placement should start above Feb high 82.80, and profit targets bellow 85.20. Euro indicies are showing gains at the opening so extra caution should be in place, on a good side is that oil nor gold are showing any gains at the moment.
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