Stellar / Dollar may rise to 0.0939 - 0.0949

0.0899 is our pivot point.

Our preference

The upside prevails as long as 0.0899 is support.

Alternative scenario

The downside breakout of 0.0899 would call for 0.0882 and 0.0872.

Comment

The RSI is above 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 0.0878 and 0.0871).

Supports and resistances

0.0970 **

0.0960 *

0.0949 **

0.0939

0.0916 last

0.0906

0.0899 **

0.0882 *

0.0872 **

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