Stellar / Dollar may rise to 0.0960 - 0.0968

0.0931 is our pivot point.

Our preference

As long as 0.0931 is support look for 0.0968.

Alternative scenario

The downside breakout of 0.0931 would call for 0.0919 and 0.0911.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.0942 and 0.0931).

Supports and resistances

0.0983 **

0.0976 *

0.0968 **

0.0960

0.0944 last

0.0936

0.0931 **

0.0919 *

0.0911 **

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