Support and Resistance

You're watching the Support and Resistance Level Report for Thursday. Here's how our in-house model tests out today. First up is the Euro/Dollar, which is trading in the range limited by R1 of 1 0620 and S1 of 1 0590. The lowest resistance line sees 12 confirmations, and R2 is a 20 day moving average with 2 models. R3 counts a 50 day moving average as its only match. S1 leads in support with 11... Еще models. S2 is backed up by Price Channel Indicator Lower Line, a 12 month low and 5 other studies, and S3 is a 4 year low with 2 confirmations. The Cable has the closest levels of 1 2570 in resistance and 1 2510 in support. Price Channel Indicator Upper Line is among the 3 models for R2, whereas Bollinger Upper Band is among the 2 studies for R1. R3 has found a single match, namely, a 100 day moving average. Standing near a 50 day moving average, S2 is well confirmed with 11 models. S1 counts a psychological level among its 6 studies, and S3 is Bollinger Lower Band with 4 matches. Dollar/Yen stands below R1 of 114 80 and above S1 of 113 90. R1 is backed up by Price Channel Indicator Upper Line, a 6 month high and 3 other models, and Bollinger Upper Band is among the 2 studies for R2. R3 is a psychological level with a single match. S2 leads in support with 7 models, and the highest line sees 3 confirmations. S3 is a 20 day moving average with 2 matches. And Dollar/Swiss Franc is trading between R1 of 1 0170 and S1 of 1 0140. R2 is confirmed by Price Channel Indicator Upper Line, a 6 month high and 5 other models. The lowest resistance line has found 6 matches, and R3 sees 3 confirmations, including Bollinger Upper Band and a 12 month high. S1 is the most confirmed support line with 10 models. S2 is backed up by a psychological level, a 20 day moving average and another study, and a 50 day moving average is among the 2 matches for S3. I'm ____ and this was the Support and Resistance Level Report for Thursday. Check back in tomorrow for the next overview. Goodbye.

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