Support and Resistance

You're watching the Support and Resistance Level Report for Wednesday. Here's how our in-house model tests out. Euro/Dollar spiked yesterday, but now it's back below R1 of 1 1660 and above S1 of 1 1620. Bollinger Upper Band is among the 7 studies for R1, while R2 is backed up by Price Channel Indicator Upper Line, a 2 year high and 2 other studies. R3 sees a single confirmation. S1 leads in... Еще support with 6 studies, and S3 is a 12 month high with 5 confirmations. A psychological level is among the 2 models for S2. The Cable has the closest levels of 1 3040 in resistance and 1 3010 in support. Standing near a former 6 month high, R1 is well confirmed with 14 models. Bollinger Upper Band is among the 4 studies for R2, and R3 counts Price Channel Indicator Upper Line among its 3 matches. Standing near a psychological level, S1 sees 10 confirmations, and S2 is a 20 day moving average with 6 studies. A 50 day moving average is among the 2 models for S3. Dollar/Yen has been trending higher, and it currently has R1 of 112 20 and S1 of 111 70. R2 counts a 150 day moving average among its 8 models, while the lowest resistance line has found 4 matches. R3 is Bollinger Upper Band with 3 confirmations. S2 counts Bollinger Lower Band among its 8 matches, and S1 is a 100 day moving average with 6 studies. Price Channel Indicator Lower Line is among the 2 models for S3. And Dollar/Swiss Franc has seen a rise, which leaves it between R1 of 0 9540 and S1 of 0 95. Standing at a former 12 month low, R1 sees 11 confirmations, and R3 is a 50 day moving average with 6 models. R2 counts a 20 day moving average among its 4 matches. S1 is a psychological level with 6 studies, and Price Channel Indicator Lower Line is among the 4 models for S2. The lowest support line sees a single confirmation. I'm Celeste Skinner and this was the Support and Resistance Level Report. Check back in tomorrow for the next overview.

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