by Johan Kriek (jkriek@fxinstructor.com)

The markets have been good to me this morning.

Here are your Probability Studies:

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.4975

Bullish Probability above: 1.4975

Significant resistance: 1.4975, 1.5035

Significant support:1.4800

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.6720

Bullish Probability above: 1.6720

Significant resistance: 1.6720

Significant support:1.6210

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 0.9210

Bullish Probability above: 0.9210

Significant resistance: 0.9210

Significant support:0.9120

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 88.95

Bullish Probability above: 88.95

Significant resistance: 88.95, 89.50

Significant support:88.62

___________________________________ 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