by Johan Kriek (jkriek@fxinstructor.com)
Probability Studies:
Direction of Highest Probability: BULLISH
60 minute trend support: 1.4940
Bearish Probability below: 1.4940
Significant support: 1.4940, 1.4700
Significant resistance:1.5060
Direction of Highest Probability: BEARISH
60 minute trend resistance: na
Bullish Probability above: 1.6700
Significant resistance: 1.6700
Significant support:1.6500
Direction of Highest Probability: BEARISH
60 minute trend resistance: na
Bullish Probability above: 0.9322
Significant resistance: 0.9322
Significant support:0.9215
Direction of Highest Probability: BEARISH
60 minute trend resistance: 90.55
Bullish Probability above: 90.55
Significant resistance: 90.55
Significant support:89.70
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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
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