Stellar / Dollar may rise to 0.0940 - 0.0947

0.0913 is our pivot point.

Our preference

The upside prevails as long as 0.0913 is support.

Alternative scenario

The downside breakout of 0.0913 would call for 0.0901 and 0.0893.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.0907 and 0.0907). Finally, the Stellar / Dollar has crossed above its upper Bollinger band (0.0921).

Supports and resistances

0.0962 **

0.0955 *

0.0947 **

0.0940

0.0925 last

0.0918

0.0913 **

0.0901 *

0.0893 **

Number of asterisks represents the strength of support and resistance levels.