Stellar / Dollar may rise to 0.0973 - 0.0979

Our pivot point stands at 0.0945.

Our preference

The upside prevails as long as 0.0945 is support.

Alternative scenario

The downside breakout of 0.0945 would call for 0.0933 and 0.0926.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.0952 and 0.0948).

Supports and resistances

0.0993 **

0.0986 *

0.0979 **

0.0973

0.0958 last

0.0949

0.0945 **

0.0933 *

0.0926 **

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