by Johan Kriek (jkriek@fxinstructor.com)

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.4720

Bullish Probability above: 1.4730

Significant resistance: 1.4720,1.4730

Significant support:1.4610

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.6110

Bullish Probability above: 1.6110

Significant resistance: 1.6110, 1.6350

Significant support: 1.5800

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 0.8730

Bullish Probability above: 0.8720

Significant resistance: 0.8730, 0.8780

Significant support:0.8530

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 91.00

Bullish Probability above: 91.00

Significant resistance: 91.00, 91.50

Significant support:87.00

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