Stellar / Dollar may rise to 0.0898 - 0.0906

Our pivot point is at 0.0869.

Our preference

As long as 0.0869 is support look for 0.0906.

Alternative scenario

The downside breakout of 0.0869 would call for 0.0855 and 0.0846.

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 0.0876 and 0.0861).

Supports and resistances

0.0924 **

0.0915 *

0.0906 **

0.0898

0.0881 last

0.0875

0.0869 **

0.0855 *

0.0846 **

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