Major Currency Pairs: Support and Resistance Levels for November 2nd 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 – 0.9770
R2 – 0.9786
R3 (Range Resistance – Sell) – 0.9802
R4 (Long Breakout) – 0.9849
R5 (Breakout Target 1) – 0.9905
R6 (Breakout Target 2) – 0.9927

S1 – 0.9738
S2 – 0.9722
S3 (Range Support – Buy) – 0.9706
S4 (Short Breakout) – 0.9659
S5 (Breakout Target 1) – 0.9603
S6 (Breakout Target 2) – 0.9581

USD/JPY

R1 – 104.28
R2 – 104.40
R3 (Range Resistance – Sell) – 104.53
R4 (Long Breakout) – 104.89
R5 (Breakout Target 1) – 105.32
R6 (Breakout Target 2) – 105.49

S1 – 104.04
S2 – 103.92
S3 (Range Support – Buy) – 103.79
S4 (Short Breakout) – 103.43
S5 (Breakout Target 1) – 103.00
S6 (Breakout Target 2) – 102.83

AUD/USD

R1 – 0.7661
R2 – 0.7669
R3 (Range Resistance – Sell) – 0.7678
R4 (Long Breakout) – 0.7703
R5 (Breakout Target 1) – 0.7733
R6 (Breakout Target 2) – 0.7746

S1 – 0.7643
S2 – 0.7635
S3 (Range Support – Buy) – 0.7626
S4 (Short Breakout) – 0.7601
S5 (Breakout Target 1) – 0.7571
S6 (Breakout Target 2) – 0.7558

NZD/USD

R1 – 0.7188
R2 – 0.7192
R3 (Range Resistance – Sell) – 0.7196
R4 (Long Breakout) – 0.7209
R5 (Breakout Target 1) – 0.7223
R6 (Breakout Target 2) – 0.7229

S1 – 0.7180
S2 – 0.7176
S3 (Range Support – Buy) – 0.7172
S4 (Short Breakout) – 0.7159
S5 (Breakout Target 1) – 0.7145
S6 (Breakout Target 2) – 0.7139

EUR/USD

R1 – 1.1065
R2 – 1.1076
R3 (Range Resistance – Sell) – 1.1086
R4 (Long Breakout) – 1.1117
R5 (Breakout Target 1) – 1.1153
R6 (Breakout Target 2) – 1.1168

S1 – 1.1045
S2 – 1.1034
S3 (Range Support – Buy) – 1.1024
S4 (Short Breakout) – 1.0993
S5 (Breakout Target 1) – 1.0957
S6 (Breakout Target 2) – 1.0942

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