Yahoo Finance Tuesday Support and Resistance Levels – September 19, 2017
You’re watching the Support and Resistance Level Report for Tuesday. Here’s how our in-house model test out.
Euro/Dollar has been moving in waves, but it currently has R1 of 1 20 and S1 of 1 1970.
Standing at a 2 year high, R3 sees 7 confirmations. R1 is a psychological level with 6 studies, and Bollinger Upper Band is among the 4 models for R2. The highest support line has found 8 matches, and S2 is a 20 day moving average with 6 studies. S3 is confirmed by Bollinger Lower Band, a 50 day moving average and another model.
The Cable has the closest levels of 1 3550 in resistance and 1 35 in support.
Price Channel Indicator Upper Line is among the 3 models for R2, while the lowest resistance line sees 2 confirmations. R3 has found a single match. A former 6 month high now is among the 5 models for S3, and S1 is a psychological level with 2 studies. S2 is a former 12 month high with 2 matches.
Dollar/Yen has steadily been trending higher and now stands between R1 of 112 and S1 of 111 70.
All three resistance lines have found just a single match each, including a psychological level for R3. S2 is a 100 day moving average with 7 studies, and the other two support lines see 5 confirmations each. S3 is a psychological level.
And Dollar/Swiss Franc finds itself below R1 of 0 9630 and above S1 of 0 96.
The lowest resistance line sees 6 confirmations. R2 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and 2 other studies, and R3 is a 150 day moving average with 2 models. Standing near a 50 day moving average, S1 is well confirmed with 15 studies. The second line sees 8 confirmations, and S3 is a psychological level with 4 models.
This article was originally posted on FX Empire
