NZD/JPY falling inside minor impulse wave C Next sell target - 76…
EUR/USD: another pullback from 0/8 MM Level
There's another pullback from 0/8 MM Level, so an impulse in wave [c] of 4 may have been formed. Therefore, bulls are likely going to deliver wave [i]. The main intraday target is 2/8 MM Levels.
Wave (iv) turned out to be a zigzag, so we've got a bearish impulse in wave (v) of [c]. It's likely that wave [i] is going to move on, so we're going to have an extension in wave (iii) in the coming hours.
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.