Support and Resistance

Good morning traders, it's time for this week's last Support and Resistance Report. First up is the Euro/Dollar, which stands below R1 of 1 0690 and above S1 of 1 0650. The upper and lower resistance lines have found 2 matches each, including a 50 moving average for R3, while a 20 day moving average is the only confirmation for R2. S2 is supported by Price Channel Indicator Lower Line, a 12... Еще month low and 5 other studies. S1 has found 6 matches, and S3 is a 4 year low with 3 confirmations. The Cable has R1 of 1 2630 and S1 of 1 2590. Price Channel Indicator Upper Line is among the 3 models for R2, and the lowest resistance line has found 2 matches. A 100 day moving average is the only confirmation for R3. S2 is a 50 day moving average with 9 matches, and the highest support line has found 3 confirmations. Bollinger Lower Band is the only model for S3. Dollar/Yen is trading in the range limited by R1 of 114 20 and S1 of 113 80. The lowest resistance line has found 6 matches, whereas R2 is confirmed by Price Channel Indicator Upper Line, a 6 month high and 3 other models. Bollinger Upper Band is among the 2 studies for R3. S2 is the most confirmed support line with 6 models, and the highest support line has found 3 matches. A 20 day moving average is the only confirmation for S3. And Dollar/Swiss Franc has the closest levels of 1 0120 in resistance and 1 0090 in support. R1 leads in resistance with 12 models. R2 is backed up by Price Channel Indicator Upper Line, a 6 month high and 4 other models, whereas R3 has found 3 matches, including Bollinger Upper Band and a 12 month high. S1 leads in support with 9 studies. S2 is confirmed by a psychological level, a 20 day moving average and 2 other models, and S3 is a 50 day moving average with 2 matches. I'm ____ and that's how our in-house model tests out this Friday morning. We'll be back on Monday with the next overview, but until then, goodbye.

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