Hello, I’m Monica Gibson and you’re watching the Support and Resistance Level Report for Tuesday. Here’s how our in-house model tests out today.
Euro/Dollar has recovered some of its losses, and the pair currently has R1 of 1 2550 and S1 of 1 2510.
Standing at a 10 day moving average, R2 sees 7 confirmations. A 20 day moving average is among the 6 studies for R3, and the lowest resistance line has found a single match. S2 counts a 2 year low among its 10 models. S1 is supported by Bollinger Lower Band, a psychological level and 5 other studies, and S3 is Price Channel Indicator Lower Line with 4 matches.
Pound/Dollar has seen some upward movement as well, which leaves it between R1 of 1 6020 and S1 of 1 5980.
R1 is the most confirmed resistance line with 8 studies, and R2 is a 20 day moving average with 7 matches. R3 is backed up by Bollinger Upper Band, a 50 day moving average and another model. S3 sees 5 confirmations, including Price Channel Indicator Lower Line and a 6 month low. The highest support line has found 4 matches, and S2 counts Bollinger Lower Band among its 3 studies.
Dollar/Yen has inched slightly lower and now stands below R1 of 113 90 and above S1 of 113 10.
The upper two resistance lines see 2 confirmations each, including Price Channel Indicator Upper Line for R2 and a psychological level for R3. R1 has found a single match. S3 is a 20 day moving average with 10 matches, and a former 4 year high is among the 7 models for S2. The highest support line sees 2 confirmations.
And the last pair for this report is the Dollar/Swiss Franc, which has the closest levels of 0 9640 in resistance and 0 96 in support.
Bollinger Upper Band is among the 8 matches for R1. R2 is confirmed by Price Channel Indicator Upper Line, a 12 month high and 5 other studies, and R3 is a 2 year high with 2 confirmations. Standing at a 20 day moving average, S3 has found 6 matches, and the second line is supported by 4 studies. S1 sees 2 confirmations.
You’ve been watching the Support and Resistance Level Report for Tuesday. Check back in tomorrow for the next overview of key price levels. Goodbye.

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