Tuesday Support and Resistance Levels – May 16, 2017

Euro/Dollar is up, and it now has the closest levels of 1 10 in resistance and 1 0970 in support.
R1 is confirmed by Price Channel Indicator Upper Line, a psychological level and 5 other studies, and R3 has found 2 matches. Bollinger Upper Band is the only model for R2. Standing at a 20 day moving average, S2 is well confirmed with 11 studies, while the highest support line sees 8 confirmations. S3 is backed up by a 150 day moving average, Bollinger Lower Band and another model.

Next up is the Cable, which stands between R1 of 1 2930 and S1 of 1 2890.
R1 is the most confirmed resistance line with 14 models. R2 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band, a psychological level and 2 other studies, while the highest resistance line has found a single match. S1 counts a 20 day moving average among its 8 models, and Bollinger Lower Band is among the 2 studies for S2. S3 counts a 150 day moving average as its only confirmation.
Dollar/Yen is trading in the range limited by R1 of 113 70 and S1 of 113 30.
The lowest resistance line sees 8 confirmations, and Price Channel Indicator Upper Line is among the 4 studies for R2. R3 is a psychological level with 2 models. The highest support line sees 6 confirmations, and S2 is a 100 day moving average with 6 studies. A 150 day moving average is among the 2 models for S3.
And Dollar/Swiss Franc has seen a decline, as it now has R1 of 0 9970 and S1 of 0 9940.
R3 is well confirmed with 11 studies, including Price Channel Indicator Upper Line and Bollinger Upper Band, while R1 is a 20 day moving average with 7 models. R2 is backed up by a 50 day moving average, a major psychological level and 2 other technicals. S2 leads in support with 4 models, including Price Channel Indicator Lower Line and Bollinger Lower Band. S1 sees 3 confirmations, and the lowest support line has found a single match.