Stellar / Dollar may rise to 0.1013 - 0.1022

Our pivot point is at 0.0978.

Our preference

As long as 0.0978 is support look for 0.1022.

Alternative scenario

The downside breakout of 0.0978 would call for 0.0962 and 0.0953.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (0.0997) but above its 50 period moving average (0.0984).

Supports and resistances

0.1041 **

0.1032 *

0.1022 **

0.1013

0.0994 last

0.0984

0.0978 **

0.0962 *

0.0953 **

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