Support and Resistance

It's time for this week's last Support and Resistance Level Report. I'm Sinead MacLaughlin and here's how our in-house model tests out this morning.
Euro/Dollar has extended its recovery, and currently stands between R1 of 1 0750 and S1 of 1 07.
R1 leads in resistance with 4 studies, and R2 is backed up by a 20 day moving average and a 3 month low. R3 counts a psychological level as its only match. The highest support line has found 5 confirmations, and S3 is a 4 year low with 4 models. S2 counts Price Channel Indicator Lower Line among its 2 studies.
The Cable has been trending higher as well, and it is currently trading in the range limited by R1 of 1 53 and S1 of 1 5270.
Standing near a 50 day moving average, R1 sees 4 confirmations, and R2 counts a 150 day moving average among its 2 studies. Bollinger Upper Band is the only model for R3. S2 leads in support with 7 confirmations, including a 3 month low, and S1 is a 20 day moving average with 4 studies. Bollinger Lower Band is among the 2 matches for S3.
Dollar/Yen has seen a decline, which leaves it below R1 of 123 and above S1 of 122 70.
R1 is the most confirmed resistance line with 8 models, and Bollinger Upper Band is among the 2 studies for R3. The second line counts Price Channel Indicator Upper Line as its only match. S1 is backed up by 9 models, and S3 has found 3 matches, including a psychological level and Bollinger Lower Band. Standing at a 150 day moving average, S2 sees 2 confirmations.
And Dollar/Swiss Franc currently has the closest levels of 1 0150 in resistance and 1 01 in support.
The lowest resistance line has found 6 matches. R2 counts Bollinger Upper Band among its 5 studies, and R3 is a 4 year high with 4 models. Standing near an important psychological level, S2 sees 5 confirmations. The highest support line has found 4 matches, and S3 is a 6 month high with 3 models.
You've been watching the Support and Resistance Level Report for Friday, but we'll be back on Monday with the next overview, so see you then.