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Tuesday Support and Resistance Levels – June 13, 2017

By:
Kiays Khalil
Published: Jun 13, 2017, 07:45 UTC

Good morning traders, you're watching the Support and Resistance Level Report for Tuesday. Euro/Dollar is currently trading in the range limited by R1 of

Support and Resistance Levels

Good morning traders, you’re watching the Support and Resistance Level Report for Tuesday.
Euro/Dollar is currently trading in the range limited by R1 of 1 1210 and S1 of 1 1180.

Standing near a 20 day moving average, R1 is well confirmed with 11 studies. R2 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and 5 other models, and R3 counts a 12 month high as its only match. The highest support line sees 8 confirmations, and Bollinger Lower Band is among the 3 models for S2. A psychological level is the only match for S3.
The Cable has been trending lower, and it currently has R1 of 1 2690 and S1 of 1 2650.
R3 is a 20 day moving average with 9 models, while the other two resistance lines have found 2 matches each, including a 50 day moving average for R2. S1 counts Price Channel Indicator Lower Line among its 5 studies, and a 100 day moving average is among the 2 matches for S2. Standing at a psychological level, S3 sees a single confirmation.
Dollar/Yen has the closest levels of 110 20 in resistance and 109 90 in support.
The lowest resistance line has found 8 matches, and R2 counts a 50 day moving average among its 4 studies. Bollinger Upper Band is the only model for R3. S2 sees 7 confirmations, including Bollinger Lower Band, and S1 counts a psychological level among its 6 studies. S3 is a 6 month low with 3 models.
And Dollar/Swiss Franc finds itself between R1 of 0 9710 and S1 of 0 9680.
R1 counts a 20 day moving average among its 9 studies, while R2 has found 2 matches. Bollinger Upper Band is the only model for R3. Standing near a 6 month low, S1 is well confirmed with 18 models. S2 is supported by Price Channel Indicator Lower Line, Bollinger Lower Band and 4 other studies, whereas S3 counts a 12 month low as its one and only match.

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