Wednesday Support and Resistance Levels – June 21, 2017

You’re watching the Support and Resistance Level Report for Wednesday. Here’s how our in-house model tests out.
Euro/Dollar has seen a decline, which leaves it between R1 of 1 1150 and S1 of 1 1120.

Standing at a 20 day moving average, R2 is well confirmed with 16 models, while the lowest resistance line has found 9 matches. R3 is a 6 month high with 5 studies. S1 is backed up by Bollinger Lower Band, Price Channel Indicator Lower Line and 6 other models, whereas the lower two support lines see 2 confirmations each. S2 is a 50 day moving average, and S3 is a 100 day moving average.
The Cable is down as well, and it currently stands below R1 of 1 2640 and above S1 of 1 26.
R2 is the most confirmed resistance line with 13 models, and R1 counts a 100 day moving average among its 5 matches. R3 is backed up by Bollinger Upper Band, a psychological level and another study. S1 counts Price Channel Indicator Lower Line among its 2 confirmations, while S2 is a 150 day moving average with 2 models. S3 counts a psychological level among its 2 technicals.
Dollar/Yen is another pair that’s been trending South, as it has R1 of 111 40 and S1 of 111 10.
R2 counts a 100 day moving average among its 6 models, while the lowest resistance line sees 4 confirmations. R3 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and another study. S3 is a psychological level with 8 models, and S1 counts a 50 day moving average among its 7 studies. Standing at a 20 day moving average, S2 sees 3 confirmations.
And Dollar/Swiss Franc has been moving in waves, but it currently stands between R1 of 0 9760 and S1 of 0 9730.
R1 leads in resistance with 12 models, and R2 has found 3 matches, including Price Channel Indicator Upper Line and Bollinger Upper Band. R3 is a 50 day moving average with 2 studies. Standing near a 20 day moving average, S2 is well confirmed with 16 models, and the highest support line has found 9 matches. S3 is supported by Bollinger Lower Band, Price Channel Indicator Lower Line and another model.