EUR/USD reversed from support zone Next buy target - 1…
EUR/USD: bullish "Harami"
There's a bullish "Harami", so the price is likely going to test the nearest "Window". If a pullback from this level happens little later on, there'll be a moment to have another decline.
We've got a bullish "Harami", which has been confirmed. Therefore, the market is likely going to test the Moving Averages and the "Window" in the short term. These levels could be a departure point for a bearish price movement.
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.