by Johan Kriek (jkriek@fxinstructor.com)

No Trade Zones across the board today..

Direction of  Highest Probability: BULLISH

60 minute trend support: 1.4710

Bearish Probability below: 1.4710

Significant support: 1.4710, 1.4700, 1.4690

Significant resistance: 1.4867

Direction of  Highest Probability: BULLISH

60 minute trend support: 1.6360

Bearish Probability below: 1.6360

Significant support: 1.6110

Significant resistance: 1.6400

Direction of  Highest Probability: BULLISH

60 minute trend support: 0.8750

Bearish Probability below: 0.8750

Significant support: 0.8670

Significant resistance:NONE

Direction of  Highest Probability: BEARISH

60 minute trend resistance:  90.80

Bullish Probability above: 90.80

Significant support: 90.60, 90.50

Significant resistance: 95.80

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-reserve.php to learn this technique

Enjoy and good luck!

Johan