by Johan Kriek (jkriek@fxinstructor.com)

Probabilities:

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.3425

Bullish Probability above: 1.3425

Significant resistance: 1.3500

Significant support:1.3200

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.5275

Bullish Probability above: 1.5275

Significant resistance: 1.5700

Significant support:1.4800

Direction of  Highest Probability: BULLISH

60 minute trend support: 0.9220

Bearish Probability below: 0.9220

Significant support: 0.9220, 0.9120

Significant resistance: 0.9400

Direction of  Highest Probability: BULLISH

60 minute trend support: 93.50

Bearish Probability below: 93.50

Significant support: 92.70

Significant resistance: 97.70

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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.

To view and listen to a recording of my introductory training class please go here: http://forums.fxinstructor.com/forumdisplay.php?f=60

Enjoy and good luck!

Johan

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