Major Currency Pairs: Support and Resistance Levels for October 24th 2016

Written by Miroslav Marinov

Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.

, | Updated: October 30, 2024

USD/CHF

R1 – 0.9941
R2 – 0.9945
R3 (Range Resistance – Sell) – 0.9948
R4 (Long Breakout) – 0.9960
R5 (Breakout Target 1) – 0.9973
R6 (Breakout Target 2) – 0.9978

S1 – 0.9933
S2 – 0.9929
S3 (Range Support – Buy) – 0.9926
S4 (Short Breakout) – 0.9914
S5 (Breakout Target 1) – 0.9901
S6 (Breakout Target 2) – 0.9896

USD/JPY

R1 – 103.86
R2 – 103.93
R3 (Range Resistance – Sell) – 104.00
R4 (Long Breakout) – 104.19
R5 (Breakout Target 1) – 104.41
R6 (Breakout Target 2) – 104.50

S1 – 103.74
S2 – 103.67
S3 (Range Support – Buy) – 103.61
S4 (Short Breakout) – 103.42
S5 (Breakout Target 1) – 103.19
S6 (Breakout Target 2) – 103.10

AUD/USD

R1 – 0.7614
R2 – 0.7620
R3 (Range Resistance – Sell) – 0.7626
R4 (Long Breakout) – 0.7644
R5 (Breakout Target 1) – 0.7665
R6 (Breakout Target 2) – 0.7674

S1 – 0.7602
S2 – 0.7596
S3 (Range Support – Buy) – 0.7590
S4 (Short Breakout) – 0.7572
S5 (Breakout Target 1) – 0.7551
S6 (Breakout Target 2) – 0.7542

NZD/USD

R1 – 0.7168
R2 – 0.7173
R3 (Range Resistance – Sell) – 0.7178
R4 (Long Breakout) – 0.7192
R5 (Breakout Target 1) – 0.7209
R6 (Breakout Target 2) – 0.7216

S1 – 0.7158
S2 – 0.7153
S3 (Range Support – Buy) – 0.7148
S4 (Short Breakout) – 0.7134
S5 (Breakout Target 1) – 0.7117
S6 (Breakout Target 2) – 0.7110

EUR/USD

R1 – 1.0893
R2 – 1.0900
R3 (Range Resistance – Sell) – 1.0906
R4 (Long Breakout) – 1.0926
R5 (Breakout Target 1) – 1.0949
R6 (Breakout Target 2) – 1.0958

S1 – 1.0879
S2 – 1.0873
S3 (Range Support – Buy) – 1.0866
S4 (Short Breakout) – 1.0846
S5 (Breakout Target 1) – 1.0823
S6 (Breakout Target 2) – 1.0814

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