Friday Support and Resistance Levels – July 14, 2017

Good morning, traders, you’re watching this week’s last Support and Resistance Level Report.

Euro/Dollar is currently trading in the range limited by R1 of 1 1420 and S1 of 1 1390.

The lowest resistance line has found 8 matches, and R2 is a former 12 month high with 7 confirmations. R3 is backed up by a psychological level, Price Channel Indicator Upper Line and another model. S1 leads in support with 8 technicals, and S2 is a 20 day moving average with 4 studies. A 50 day moving average is the only model for S3.

The Cable has been inching higher and now stands between R1 of 1 2970 and S1 of 1 2930.

R1 leads in resistance with 6 studies, and R3 is a 6 month high with 3 confirmations. A psychological level is among the 2 models for R2. The highest support line sees 14 confirmations, and S2 is a 50 day moving average with 8 models. A 100 day moving average is the only match for S3.

Dollar/Yen has the closest levels of 113 60 in resistance and 113 20 in support.
R1 is the most confirmed resistance line with 7 models. R2 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and 4 other studies, while a psychological level is the only match for R3. S1 leads in support with 15 models, and S3 counts a 100 day moving average among its 3 studies. Standing near a 20 day moving average, S2 sees 2 confirmations.

And Dollar/Swiss Franc stands below R1 of 0 9680 and above S1 of 0 9650.
The lowest resistance line sees 6 confirmations. R3 has found 4 matches, including Bollinger Upper Band and Price Channel Indicator Upper Line, and R2 is a 50 day moving average with 2 models. Standing near a 20 day moving average, S1 is well confirmed with 14 studies. S2 is supported by Price Channel Indicator Lower Line, Bollinger Lower Band, a 12 month low and 4 other technicals, and S3 is a psychological level with 2 models.