Markets Drop, Dollar Pops — Time to Rethink Your Playbook?

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Range Retests, Resistance Turns & Market Patience

Markets opened the week with a cautious tone, as traders weighed recent central bank signals against technical setups.

EUR/AUD is retesting major range support near 1.6400 — a level that’s held since August. With bearish momentum fading and price consolidating, traders are watching for either a bounce or a breakdown. A hold could trigger a move back toward 1.6600, while a breach may open the door to 1.6200.

Meanwhile, EUR/CHF is approaching a key support-turned-resistance zone near 0.9550. After last week’s ECB hold and fading euro strength, this level could act as a ceiling. A rejection here would reinforce the bearish bias, while a break might signal trend exhaustion.

Broad markets were mixed: equities flat, gold steady near $4,000, and FX pairs rangebound.

The theme? When price revisits old levels, patience becomes the edge.

⚡Daily Broad Market Recap – November 3, 2025

• S&P 500 flat; Nasdaq dipped 0.2%.

• Gold held near $4,005; oil rose to $60.80.

• USD traded mixed; Bitcoin hovered near $115,900.

🔥EUR/AUD Retesting Major Range Support

• EUR/AUD is testing 1.6400, a key support zone.

• Momentum is neutral; traders watching for bounce or breakdown.

• A hold could target 1.6600; a break may lead to 1.6200.

📊EUR/CHF Approaching Support-Turned-Resistance

• EUR/CHF is nearing 0.9550, a former support now acting as resistance.

• A rejection could reinforce bearish bias.

• Breakout may signal trend exhaustion.

  Explore the Setup

This issue blends technical tension with macro quiet. As EUR pairs revisit key levels and traders wait for confirmation, the message is clear: when price pauses, discipline defines the next move.

Happy Trading!

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