Tuesday Support and Resistance Levels – May 9, 2017

Euro/Dollar has the closest levels of 1 0940 in resistance and 1 0910 in support.
The lowest resistance line has found 6 matches. R2 is backed up by a psychological level, Price Channel Indicator Upper Line and 2 other studies, while Bollinger Upper Band is among the 2 models for R3. S1 leads in support with 11 studies, whereas the lower two lines have found 2 matches each, including a 50 day moving average for S2 and Price Channel Indicator Lower Line for S3.

The Cable stands below R1 of 1 2960 and above S1 of 1 2920.
Standing at a former 6 month high, R1 is well confirmed with 11 models. R2 has found 4 matches, including Price Channel Indicator Upper Line and a psychological level, and Bollinger Upper Band is among the 3 studies for R3. The highest support line sees no less than 13 confirmations. S3 is backed up by Bollinger Lower Band, a 150 day moving average and another model, and S2 is a 20 day moving average with 2 studies.
Dollar/Yen finds itself between R1 of 113 70 and S1 of 113 20.
All three resistance lines have found exactly 2 matches each and, more specifically, R1 is Bollinger Upper Band, R2 is a psychological level and R3 is a 12 month high. Standing at a 150 day moving average, S2 sees 6 confirmations. S1 is a 100 day moving average with 4 models, and a 20 day moving average is among the 2 studies for S3.
And Dollar/Swiss Franc is trading in the range limited by R1 of 1 and S1 of 0 9970.
R1 is confirmed by a 50 day moving average, a major psychological level and 2 other studies. Price Channel Indicator Upper Line is among the 3 models for R3, and Bollinger Upper Band is the only match for R2. S1 is a 20 day moving average with 4 studies, whereas S2 is backed up by Price Channel Indicator Lower Line, Bollinger Lower Band and 2 other models. S3 counts a 6 month low as its only confirmation.