Major Currency Pairs: Pivot Levels for Tuesday (May 16th 2017)

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 – 0.9972
R2 – 0.9978
R3 (Range Resistance – Sell) – 0.9983
R4 (Long Breakout) – 1.0001
R5 (Breakout Target 1) – 1.0021
R6 (Breakout Target 2) – 1.0029

S1 – 0.9960
S2 – 0.9954
S3 (Range Support – Buy) – 0.9949
S4 (Short Breakout) – 0.9931
S5 (Breakout Target 1) – 0.9911
S6 (Breakout Target 2) – 0.9903

USD/JPY

R1 – 113.86
R2 – 113.92
R3 (Range Resistance – Sell) – 113.99
R4 (Long Breakout) – 114.19
R5 (Breakout Target 1) – 114.42
R6 (Breakout Target 2) – 114.51

S1 – 113.72
S2 – 113.66
S3 (Range Support – Buy) – 113.59
S4 (Short Breakout) – 113.39
S5 (Breakout Target 1) – 113.16
S6 (Breakout Target 2) – 113.07

AUD/USD

R1 – 0.7420
R2 – 0.7426
R3 (Range Resistance – Sell) – 0.7431
R4 (Long Breakout) – 0.7449
R5 (Breakout Target 1) – 0.7469
R6 (Breakout Target 2) – 0.7477

S1 – 0.7408
S2 – 0.7402
S3 (Range Support – Buy) – 0.7397
S4 (Short Breakout) – 0.7379
S5 (Breakout Target 1) – 0.7359
S6 (Breakout Target 2) – 0.7351

NZD/USD

R1 – 0.6887
R2 – 0.6893
R3 (Range Resistance – Sell) – 0.6900
R4 (Long Breakout) – 0.6918
R5 (Breakout Target 1) – 0.6940
R6 (Breakout Target 2) – 0.6949

S1 – 0.6875
S2 – 0.6869
S3 (Range Support – Buy) – 0.6862
S4 (Short Breakout) – 0.6844
S5 (Breakout Target 1) – 0.6822
S6 (Breakout Target 2) – 0.6813

EUR/USD

R1 – 1.0981
R2 – 1.0987
R3 (Range Resistance – Sell) – 1.0993
R4 (Long Breakout) – 1.1012
R5 (Breakout Target 1) – 1.1033
R6 (Breakout Target 2) – 1.1042

S1 – 1.0969
S2 – 1.0963
S3 (Range Support – Buy) – 1.0957
S4 (Short Breakout) – 1.0938
S5 (Breakout Target 1) – 1.0917
S6 (Breakout Target 2) – 1.0908

GBP/USD

R1 – 1.2902
R2 – 1.2907
R3 (Range Resistance – Sell) – 1.2913
R4 (Long Breakout) – 1.2930
R5 (Breakout Target 1) – 1.2949
R6 (Breakout Target 2) – 1.2957

S1 – 1.2890
S2 – 1.2885
S3 (Range Support – Buy) – 1.2879
S4 (Short Breakout) – 1.2862
S5 (Breakout Target 1) – 1.2843
S6 (Breakout Target 2) – 1.2835

USD/CAD

R1 – 1.3644
R2 – 1.3656
R3 (Range Resistance – Sell) – 1.3667
R4 (Long Breakout) – 1.3702
R5 (Breakout Target 1) – 1.3742
R6 (Breakout Target 2) – 1.3758

S1 – 1.3622
S2 – 1.3610
S3 (Range Support – Buy) – 1.3599
S4 (Short Breakout) – 1.3564
S5 (Breakout Target 1) – 1.3524
S6 (Breakout Target 2) – 1.3508

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