Stellar / Dollar may rise to 0.0912 - 0.0919

Our pivot point is at 0.0885.

Our preference

As long as 0.0885 is support look for 0.0919.

Alternative scenario

The downside breakout of 0.0885 would call for 0.0873 and 0.0866.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.0894 and 0.0862).

Supports and resistances

0.0933 **

0.0926 *

0.0919 **

0.0912

0.0896 last

0.0890

0.0885 **

0.0873 *

0.0866 **

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