Stellar / Dollar may rise to 0.0956 - 0.0967

Our pivot point is at 0.0912.

Our preference

As long as 0.0912 is support look for 0.0967.

Alternative scenario

The downside breakout of 0.0912 would call for 0.0894 and 0.0884.

Comment

The RSI is above 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 0.0915 and 0.0882).

Supports and resistances

0.0988 **

0.0978 *

0.0967 **

0.0956

0.0928 last

0.0919

0.0912 **

0.0894 *

0.0884 **

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