by Johan Kriek (jkriek@fxinstructor.com)

Quick note:

- The US unemployment numbers will most probably have a large impact on all markets as it is the first figure of that   sort for the year. Today’s Probability studies follows below:

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.4385

Bullish Probability above: 1.4385

Significant resistance: 1.4385

Significant support:1.4286

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.6100

Bullish Probability above: 1.6100

Significant resistance: 1.6100

Significant support:1.5850

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 0.9160

Bullish Probability above: 0.9160

Significant resistance: 0.9255

Significant support:0.9105

Direction of  Highest Probability: BULLISH

60 minute trend support: 0.9290

Bearish Probability below: 0.9290

Significant support: 0.9290, 0.9240

Significant resistance:0.9370

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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