Stellar / Dollar may rise to 0.1095 - 0.1107

0.1054 is our pivot point.

Our preference

The upside prevails as long as 0.1054 is support.

Alternative scenario

The downside breakout of 0.1054 would call for 0.1034 and 0.1021.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1056 and 0.1046).

Supports and resistances

0.1132 **

0.1120 *

0.1107 **

0.1095

0.1071 last

0.1062

0.1054 **

0.1034 *

0.1021 **

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