by Johan Kriek

Below follows probability studies as a recap for the current US session and what we can expect in the Asian session later:

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.4250

Bullish Probability above: 1.4250

Significant resistance: 1.4250, 1.4275

Significant support:NA

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.6291

Bullish Probability above: 1.6400

Significant resistance: 1.6400

Significant support:1.5890

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 0.9120

Bullish Probability above: 0.9120

Significant resistance: 0.9120, 0.9180

Significant support:NA

Direction of  Highest Probability: BULLISH

60 minute trend support: 91.10

Bearish Probability below: 90.30

Significant support: 90.30

Significant resistance:93.20

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This analysis has been based on the Probability Study Technique which is derived from the Dow Theory

Also note that a “trading condition” does not constitute a trading signal, but rather a context to execute your own trading system within.

For more about the Probability Study Technique, please visit forums.fxinstructor.com or register yourself a seat at

http://www.fxinstructor.com/eng/courses/probability.php to learn this technique or to book a free Level 1 class

Enjoy and good luck!

Johan