Stellar / Dollar may fall to 0.0910 - 0.0922

Our pivot point stands at 0.0964.

Our preference

The downside prevails as long as 0.0964 is resistance.

Alternative scenario

The upside breakout of 0.0964, would call for 0.0984 and 0.0997.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.0961 and 0.0970).

Supports and resistances

0.0997 **

0.0984 *

0.0964 **

0.0956

0.0947 last

0.0922

0.0910 **

0.0898 *

0.0885 **

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