Stellar / Dollar may rise to 0.0993 - 0.1006

0.0948 is our pivot point.

Our preference

Rebound towards 0.1006.

Alternative scenario

The downside breakout of 0.0948 would call for 0.0927 and 0.0915.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.0968 and 0.0984).

Supports and resistances

0.1031 **

0.1018 *

0.1006 **

0.0993

0.0965 last

0.0956

0.0948 **

0.0927 *

0.0915 **

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