Monday Support and Resistance Levels – June 5, 2017

Euro/Dollar shot up on Friday, and it still stands between R1 of 1 1290 and S1 of 1 1260.
Price Channel Indicator Upper Line is among the 3 models for R1, and R2 counts Bollinger Upper Band among its 2 studies. R3 is a psychological level with 2 matches. S2 leads in support with 8 models, and S1 is a former 6 month high with 5 confirmations. Standing at a 20 day moving average, S3 has found 4 matches.
The Cable is trading in the range limited by R1 of 1 2890 and S1 of 1 2850.

The lowest resistance line sees 8 confirmations, and R2 is a 20 day moving average with 4 studies. A psychological level is among the 2 models for R3. The highest support line has found 9 matches, and S2 is Bollinger Lower Band with 6 studies. S3 is confirmed by Price Channel Indicator Lower Line, a 50 day moving average and 3 other models.
Dollar/Yen has seen a drop and now finds itself below R1 of 110 80 and above S1 of 110 30.
R2 is well confirmed with 12 models, including a 50 day moving average, while the lowest resistance line has found 5 matches. R3 is a 150 day moving average with 2 confirmations. Price Channel Indicator Lower Line is among the 4 studies for S1, whereas the lower two support lines see 2 confirmations each, including Bollinger Lower Band for S2 and a 6 month low for S3.
And Dollar/Swiss Franc has the closest levels of 0 9670 in resistance and 0 9620 in support.
R2 is the most confirmed resistance line with 11 models. The pair’s drop has been so sudden that R1 is a former 6 month low with 5 studies, while R3 is a 50 day moving average with 2 matches. S1 counts Price Channel Indicator Lower Line among its 3 confirmations, and the other two support lines both have found 2 matches, including Bollinger Lower Band for S2 and a psychological level for S3.