It’s time for Tuesday’s Support and Resistance Level Report. Let’s see how our in-house model tests out today.
Euro/Dollar has already tested both R1 of 1 0770 and S1 of 1 0720.
R1 has found 9 matches and it’s both a Bollinger upper band and a price channel indicator upper line. R2 and R3 have 2 confirmations each and the second line is backed up by a 150 day moving average. A 100 day moving average is one of the 7 confirmations for S2. S1 posts 6 matches and 4 studies are near S3, which is a 20 day moving average.
Next up is the Pound/Dollar, which stands between R1 of 1 2380 and S1 of 1 2310.
The first two resistance levels both have 5 confirmations. R1 is a 50 day moving average, while R2 is a 100 day moving average. R3 is a psychological level. S1 posts 4 matches and it’s a 20 day moving average. S3 follows with 3 confirmations, including a price channel indicator lower line. There’s just a single match for S2.
Dollar/Yen has the closest levels of 113 30 in resistance and 112 40 in support.
R1 leads in resistance with 7 confirmations, including a 100 day moving average. R2 and R3 both have 3 matches and the second line is confirmed by a 50 day moving average. S3 has found 4 matches and a price channel indicator lower line is one of them. S1 follows with 3 confirmations and 2 studies are near S2, which is a Bollinger lower band.
And last up is the Dollar/Swiss Franc, which stands below R1 of 1 and above S1 of 0 9970.
A 100 day moving average is one of the 10 confirmations for R3. R1 follows with 5 matches and it’s a psychological level. R2 is near 3 studies and a 50 day moving average is among them. S1 leads in support with 13 confirmations, including a Bollinger lower band and a 150 day moving average. There are 4 matches for S2, which is a price channel indicator lower line and 3 models are near S3.
I’m Kiays Khalil and you’ve been watching the Support and Resistance Level Report for Tuesday. We’ll be back tomorrow with the next report, so see you then.

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