by Johan Kriek (jkriek@fxinstructor.com)

The markets seem to be pretty quiet today

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 1.4641

Bullish Probability above: 1.4641

Significant resistance: 1.4641

Significant support:1.4575

Direction of  Highest Probability: BULLISH

60 minute trend support: 1.5890

Bearish Probability below: 1.5890

Significant support: 1.5890

Significant resistance:1.5950, 1.6300

Direction of  Highest Probability: BULLISH

60 minute trend support: 0.8730

Bearish Probability below: 0.8690

Significant support: 0.8730, 0.8690

Significant resistance:0.8788

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 90.50

Bullish Probability above: 90.50

Significant resistance: 90.50

Significant support:88.20

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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-reserve.php to learn this technique

Enjoy and good luck!

Johan