Stellar / Dollar may rise to 0.1030 - 0.1042

Our pivot point is at 0.0984.

Our preference

The upside prevails as long as 0.0984 is support.

Alternative scenario

The downside breakout of 0.0984 would call for 0.0963 and 0.0950.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.0996 and 0.0986).

Supports and resistances

0.1068 **

0.1055 *

0.1042 **

0.1030

0.1001 last

0.0993

0.0984 **

0.0963 *

0.0950 **

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