EUR/USD reversed from support zone Next buy target - 1…
EUR/USD: bearish "Harami" pattern
We've got a bearish "Harami" pattern, which hasn't been confirmed yet. So, if a pullback from the Moving Averages happens little later on, there'll be an opportunity to have a new local high. Meanwhile, if we have another reversal pattern, bears will probably try to deliver a downward correction.
There're bearish patterns such a "High Wave" and a "Shooting Star", which both have been confirmed. In this case, the Moving Averages is likely going to act as support anytime soon.
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.