Stellar / Dollar may rise to 0.0952 - 0.0959

0.0927 is our pivot point.

Our preference

The upside prevails as long as 0.0927 is support.

Alternative scenario

The downside breakout of 0.0927 would call for 0.0915 and 0.0908.

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 trading above both its 20 and 50 period moving average (respectively at 0.0928 and 0.0916).

Supports and resistances

0.0973 **

0.0966 *

0.0959 **

0.0952

0.0937 last

0.0931

0.0927 **

0.0915 *

0.0908 **

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