Wednesday Support and Resistance Levels – September 20, 2017

Jessica Walker
Wednesday Support and Resistance Levels – September 20, 2017

The team is here with another Support and Resistance Level Report.

Euro/Dollar has returned to growth and now stands between R1 of 1 2030 and S1 of 1 20. R1 is a 2 year high with 7 studies, while the lowest resistance line has found 4 matches. R3 sees a single confirmation. Standing near a 20 day moving average, S2 has found 10 matches, and S1 is a psychological level with 7 studies. Bollinger Lower Band is among the 2 models for S3.

The Cable has seen limited movement, and it finds itself below R1 of 1 3530 and above S1 of 1 35. Bollinger Upper Band is among the 5 studies for R2, and the lowest resistance line sees 3 confirmations. R3 is Price Channel Indicator Upper Line with 2 models. S1 counts a psychological level among its 5 technicals. S3 is a former 6 month high with 5 studies, and, reflecting Pound’s strong performance over the last week, S2 is a former 12 month high with 4 matches.

Dollar/Yen is trading in the range limited by R1 of 111 60 and S1 of 111 30. R1 counts Bollinger Upper Band among its 6 studies. Price Channel Indicator Upper Line is among the 3 models for R2, and the highest resistance line has found a single match. Standing at a 150 day moving average, S1 sees 8 confirmations, and S2 counts a 100 day moving average among its 6 studies. S3 is a 50 day moving average with 3 models.

And Dollar/Swiss Franc has the closest levels of 0 9630 in resistance and 0 96 in support. The lowest resistance line has found 8 matches. R2 is confirmed by Bollinger Upper Band, Price Channel Indicator Upper Line, a 100 day moving average and 3 other studies, and R3 is a 150 day moving average with 2 models. S1 is the most confirmed support line with 15 studies, while S3 has found 7 matches, including a 2 year low and Price Channel Indicator Lower Line. S2 is a psychological level with 4 confirmations.

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