Stellar / Dollar may rise to 0.0982 - 0.0994

Our pivot point is at 0.0934.

Our preference

Rebound towards 0.0994.

Alternative scenario

The downside breakout of 0.0934 would call for 0.0914 and 0.0901.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.0960 and 0.0969).

Supports and resistances

0.1019 **

0.1007 *

0.0994 **

0.0982

0.0957 last

0.0943

0.0934 **

0.0914 *

0.0901 **

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