Hello, I’m Alex Iszatt with another Support and Resistance Level Report. Let’s see how our in-house model tests out on this first day of the trading week.
Euro/Dollar has been inching higher and now has the closest levels of 1 2830 in resistance and 1 28 in support.
R1 is the most confirmed resistance line with 4 studies. R3 is backed up by Price Channel Indicator Upper Line, a 50 day moving average and another model, and R2 counts Bollinger Upper Band among its 2 matches. S2 is a 20 day moving average with 6 studies, and a 2 year low is among the 5 models for S3. The highest support line has found 4 confirmations.
The Cable has been trending North as well, and it now finds itself below R1 of 1 62 and above S1 of 1 6160.
R1 leads in resistance with 2 studies, and the other two resistance lines see a single confirmation each, including a 50 day moving average for R2 and Bollinger Upper Band for R3. Standing near a 20 day moving average, S2 has found 5 matches, and S3 is a psychological level with 3 models. S1 is supported by a single study.
Next up is the Dollar/Yen, and its yesterday’s decline leaves it between R1 of 106 70 and S1 of 106 30.
The second resistance line has found 11 confirmations. R1 is backed up by 4 studies, and a 20 day moving average is among the 2 studies for R3. The upper two support lines see 5 matches each, including a 50 day moving average for S1 and Bollinger Lower Band for S2. S3 is supported by Price Channel Indicator Lower Line and two other studies.
Dollar/Swiss Franc has been mostly bearish so far this week, and it has R1 of 0 9420 and S1 of 0 9390.
Standing near a 20 day moving average, R3 sees 7 confirmations. The lowest resistance line has found 6 matches, and a psychological level is among the 5 studies for R2. S1 counts Bollinger Lower Band among its 4 matches. S3 is supported by Price Channel Indicator Lower Line, a 50 day moving average and another model, and the second line sees a single confirmation.
You’ve been watching the Support and Resistance Level Report for Tuesday. We’ll be back tomorrow with the next overview of the key price levels. Goodbye.

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