Stellar / Dollar may rise to 0.0934 - 0.0941

0.0907 is our pivot point.

Our preference

The upside prevails as long as 0.0907 is support.

Alternative scenario

The downside breakout of 0.0907 would call for 0.0896 and 0.0889.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.0911 and 0.0901).

Supports and resistances

0.0954 **

0.0947 *

0.0941 **

0.0934

0.0917 last

0.0912

0.0907 **

0.0896 *

0.0889 **

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