by Johan Kriek (jkriek@fxinstructor.com)

Here follows a probability study analysis of the EUR USD for 30 Dec 2009 by Johan Kriek

Note: Even though the bullish 60minute trend has been violated yesterday, the direction of highest probability remains bullish. Watch this video to see why

Click here to view the embedded video.

Levels:

60 minute trend support at 1.4315

Bearish Probability below 1.4315

Significant resistance resides at 1.4470

Good luck!

Johan