Tuesday Support and Resistance Levels – August 08, 2017

Good morning, traders, this is the Support and Resistance Level Report for Tuesday.

Euro/Dollar keeps recovering from its Friday’s drop and now has R1 of 1 1820 and S1 of 1 1790.

The lowest resistance line has found 7 matches, and Price Channel Indicator Upper Line is among the 3 models for R2. R3 counts Bollinger Upper Band as its only match. S1 leads in support with 9 models, and S2 sees 4 confirmations. S3 is a 20 day moving average with 2 studies.

The Cable currently has the closest levels of 1 3050 in resistance and 1 3010 in support.

Standing at a 6 month high, R2 is well confirmed with 11 studies. R1 has found 10 matches, and Price Channel Indicator Upper Line is among the 2 models for R3. S1 counts a psychological level among its 5 studies, and S2 is a 50 day moving average with 5 matches. A 100 day moving average is the only model for S3.
Dollar/Yen finds itself below R1 of 110 80 and above S1 of 110 40.

R1 leads in resistance with 12 studies, and R2 sees 7 confirmations. A 100 day moving average is among the 6 models for R3. The highest support line has found 8 matches, and S2 is a psychological level with 5 confirmations. Bollinger Lower Band is the only model for S3.

And Dollar/Swiss Franc stands between R1 of 0 9760 and S1 of 0 9720.
Price Channel Indicator Upper Line is among the 6 studies for R1. R2 is confirmed by a 100 day moving average, Bollinger Upper Band and another model, and R3 counts a 150 day moving average as its only match. S1 leads in support with 12 models, and S2 is a 50 day moving average with 8 studies. S3 is a psychological level with 3 confirmations.