Tuesday Support and Resistance Levels – April 25, 2017

You’re watching the Support and Resistance Level Report for Tuesday.

• Euro/Dollar is trading in the range limited by R1 of 1.0880 and S1 of 1.0830.
  Price Channel Indicator Upper Line is among the 5 models for R2, and the lowest resistance line has found 4 matches. R3 is a psychological level with 2 studies. Standing at a 150 day moving average, S2 sees 8 confirmations, and S3 is a 20 day moving average with 4 models. The highest support line has found 3 matches.
• The Cable has the closest levels of 1.2810 in resistance and 1.2770 in support.
  The lowest resistance line sees 9 confirmations, and Bollinger Upper Band is among the 7 models for R2. R3 counts Price Channel Indicator Upper Line among its 4 technicals. The upper and lower support lines see 3 confirmations each, including a 20 day moving average, whereas S2 has found 2 matches.
• Dollar/Yen finds itself below R1 of 110 50 and above S1 of 110.
  R2 is a 150 day moving average with 3 models, while R3 is backed up by a 50 day moving average, Bollinger Upper Band and another study. The lowest resistance line sees 2 confirmations. S2 is the most confirmed support line with 10 models, and S1 is supported by a 20 day moving average, a psychological level and 5 other studies. S3 has found 5 matches, including Price Channel Indicator Lower Line and Bollinger Lower Band.
• And Dollar/Swiss Franc stands between R1 of 0 9980 and S1 of 0 9950.
  The lowest resistance line sees 11 confirmations. R2 is backed up by a psychological level, a 150 day moving average and 4 other models, and R3 has found 4 matches, including Price Channel Indicator Upper Line and Bollinger Upper Band. S1 leads in support with 9 studies, and S3 counts Price Channel Indicator Lower Line among its 4 models. Bollinger Lower Band is among the 3 matches for S2.