Stellar / Dollar may rise to 0.1021 - 0.1032

0.0981 is our pivot point.

Our preference

As long as 0.0981 is support look for 0.1032.

Alternative scenario

The downside breakout of 0.0981 would call for 0.0963 and 0.0952.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (0.0998) but above its 50 period moving average (0.0991).

Supports and resistances

0.1054 **

0.1043 *

0.1032 **

0.1021

0.0998 last

0.0989

0.0981 **

0.0963 *

0.0952 **

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