Good morning, you’re watching the Support and Resistance Level Report for Tuesday.
First up is the Euro/Dollar, which is trading in the range limited by R1 of 1 1190 and S1 of 1 1150.
R1 counts a 150 day moving average among its 7 models. R3 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and 3 other studies, and R2 is a 100 day moving average with 4 matches. Standing near a 50 day moving average, S1 sees 5 confirmations. S2 is supported by Price Channel Indicator Lower Line, Bollinger Lower Band and another model, whereas a psychological level is the only match for S3.
The Cable has the closest levels of 1 31 in resistance and 1 3060 in support.
Standing at a 50 day moving average, R2 sees 5 confirmations, and R1 is a 20 day moving average with 3 matches. Price Channel Indicator Upper Line is among the 2 studies for R3. Standing at a 4 year low, S3 sees 6 confirmations, and the highest support line has found 5 matches. S2 counts a psychological level among its 2 studies.
Dollar/Yen has spent the last couple of days between R1 of 102 30 and S1 of 101 80.
The lowest resistance line has found 4 matches. R2 is backed up by Bollinger Upper Band, a 50 day moving average and another model, and a psychological level is the only study for R3. Standing at a major psychological level, S3 sees 9 confirmations, and S2 is a 20 day moving average with 3 models. The highest support line has found a single match.
And Dollar/Swiss Franc finds itself below R1 of 0 9830 and above S1 of 0 9790.
Price Channel Indicator Upper Line is among the 3 models for R1, whereas the upper two resistance lines see 2 confirmations each, including Bollinger Upper Band for R2 and an important psychological level for R3. S2 is a 150 day moving average with 6 matches, and the highest support line sees 5 confirmations. S3 is confirmed by Bollinger Lower Band, Price Channel Indicator Lower Line and another study.
So that’s how our in-house model tests out today. I’m Kiays Khalil and we’ll be back tomorrow with the next overview. See you then.

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