Stellar / Dollar may rise to 0.0913 - 0.0923

Our pivot point stands at 0.0876.

Our preference

As long as 0.0876 is support look for 0.0923.

Alternative scenario

The downside breakout of 0.0876 would call for 0.0859 and 0.0849.

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 below its 20 period moving average (0.0894) but above its 50 period moving average (0.0869).

Supports and resistances

0.0944 **

0.0933 *

0.0923 **

0.0913

0.0892 last

0.0883

0.0876 **

0.0859 *

0.0849 **

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