Good morning traders, you’re watching the Support and Resistance Level Report for Tuesday.
Euro/Dollar has gained some ground and now has the closest levels of 1 1280 in resistance and 1 1240 in support.
Bollinger Upper Band is among the 4 models for R1, and R2 counts Price Channel Indicator Upper Line among its 2 matches. R3 counts a psychological level as its only study. The highest support line sees 10 confirmations, and S2 is a 150 day moving average with 10 models. S3 is backed up by Bollinger Lower Band, Price Channel Indicator Lower Line and 3 other studies.
The Cable is trading in the range limited by R1 of 1 30 and S1 of 1 2970.
R1 is a psychological level with 7 studies, and the second resistance line has found 4 matches. R3 is a 50 day moving average with 2 models. The highest support line sees 7 confirmations, and S3 is a 4 year low with 6 matches. S2 counts Price Channel Indicator Lower Line among its 4 models.
Dollar/Yen finds itself below R1 of 100 90 and above S1 of 100 60.
R1 is the most confirmed resistance line with 7 models. R2 counts a 50 day moving average among its 3 studies, and R3 is Bollinger Upper Band with a single match. S2 is supported by a psychological level, Price Channel Indicator Lower Line and 4 other studies. S3 is a 2 year low with 4 confirmations, and the highest support line has found 3 matches.
And Dollar/Swiss Franc stands between R1 of 0 9720 and S1 of 0 9690.
The lowest resistance line sees 10 confirmations. R2 is a 100 day moving average with 6 matches, and R3 counts Bollinger Upper Band among its 3 studies. S1 leads in support with 7 models, and S2 counts Bollinger Lower Band among its 6 studies. Price Channel Indicator Lower Line is among the 3 matches for S3.
I’m Sam Meredith and that’s how our in-house model tests out today. Check back in tomorrow for the next overview. Goodbye.

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