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 has seen another drop, and it currently stands between R1 of 1 1760 and S1 of 1 1730. Standing at a 2 year high, R2 is well confirmed with 10 models, while the lowest resistance line has found 4 matches. R3 counts Price Channel Indicator Upper Line among its 3 studies. S1... Еще leads in support with 4 models, and S2 is a 20 day moving average with 3 studies. A psychological level is the only model for S3. The Cable is down as well, and it finds itself below R1 of 1 30 and above S1 of 1 2970. R3 leads in resistance with 13 models, including a 6 month high and Bollinger Upper Band. R2 is a 20 day moving average with 5 studies, and R1 is a psychological level with 3 matches. The lower two support lines have found 2 matches each, including a 50 day moving average for S2 and Price Channel Indicator Lower Line for S3, while S1 sees a single confirmation. Dollar/Yen is trading in the range limited by R1 of 110 20 and S1 of 109 80. R2 is the most confirmed resistance line with 13 models, while R1 has found 8 matches. R3 is a 100 day moving average with 5 studies. S1 counts Price Channel Indicator Lower Line among its 4 confirmations, and S3 is a 6 month low with 2 models. Bollinger Lower Band is the only match for S2. And Dollar/Swiss Franc is another pair that's seen a decline, as it now has R1 of 0 97 and S1 of 0 9670. R1 leads in resistance with 13 studies, while Price Channel Indicator Upper Line is among the 4 models for R2. R3 is a 150 day moving average with 2 matches. S1 is the most confirmed support line with 12 models, and S2 is a 20 day moving average with 2 studies. S3 is a psychological level with 2 matches. You've been watching the Support and Resistance Level Report for Wednesday with me, Jessica Walker. Check back in tomorrow for the next overview. Goodbye.

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