Stellar / Dollar may rise to 0.0936 - 0.0943

Our pivot point stands at 0.0905.

Our preference

As long as 0.0905 is support look for 0.0943.

Alternative scenario

The downside breakout of 0.0905 would call for 0.0892 and 0.0885.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.0915 and 0.0909).

Supports and resistances

0.0958 **

0.0951 *

0.0943 **

0.0936

0.0920 last

0.0910

0.0905 **

0.0892 *

0.0885 **

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