NZD/JPY falling inside minor impulse wave C Next sell target - 76…
EUR/USD: 34 MA going to act as support
There's a "Shooting Star", which has been confirmed. So, the 34 Moving Average is likely going to act as support in the short term. This line could be a departure point for a local upward correction.
There's a "High Wave", but confirmation of this pattern is a quite weak. Therefore, we should keep an eye on the upper "Window" as an intraday target.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…
The 144 Moving Average has acted as support, but there's a bearish "Engulfing' at the local high.