Stellar / Dollar may rise to 0.1047 - 0.1059

0.0998 is our pivot point.

Our preference

As long as 0.0998 is support look for 0.1059.

Alternative scenario

The downside breakout of 0.0998 would call for 0.0979 and 0.0967.

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 above its 20 and 50 period moving average (respectively at 0.1017 and 0.0988).

Supports and resistances

0.1082 **

0.1070 *

0.1059 **

0.1047

0.1022 last

0.1005

0.0998 **

0.0979 *

0.0967 **

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