Thursday Support and Resistance Levels – June 8, 2017

You’re watching the Support and Resistance Level Report for Thursday. Here’s how our in-house model tests out.
Euro/Dollar is currently trading in the range limited by R1 of 1 1280 and S1 of 1 1250.

R1 is well confirmed with 12 models, including Price Channel Indicator Upper Line and a 6 month high, while Bollinger Upper Band is among the 2 studies for R2. Standing at a 12 month high, R3 sees a single confirmation. S1 leads in support with 8 studies, and S2 is a 20 day moving average with 4 models. S3 counts a psychological level among its 2 confirmations.
The Cable finds itself between R1 of 1 2990 and S1 of 1 2940.
R3 has found 4 matches, including Price Channel Indicator Upper Line and a 6 month high, while Bollinger Upper Band is among the 3 models for R2. Standing near a psychological level, R1 sees 2 confirmations. S2 is a 20 day moving average with 9 models. S3 is supported by a 50 day moving average, Bollinger Lower Band and 2 other studies, while the highest support line has found 3 matches.
Dollar/Yen has the closest levels of 109 90 in resistance and 109 30 in support.
R2 counts a 50 day moving average among its 6 studies, while R3 is a 20 day moving average with 3 models. A psychological level is among the 2 studies for R1. S1 counts Bollinger Lower Band among its 6 confirmations, and S3 is a 6 month low with 3 studies. The second line has found a single match.
And Dollar/Swiss Franc stands below R1 of 0 9660 and above S1 of 0 9620.
Standing at a former 6 month low, R1 sees 8 confirmations, whereas R2 counts a 20 day moving average among its 3 studies. A 50 day moving average is the only model for R3. S1 counts Price Channel Indicator Lower Line among its 10 technicals. S2 is supported by Bollinger Lower Band, a 12 month low and another model, and S3 is a psychological level with 2 confirmations.