NZD/JPY falling inside minor impulse wave C Next sell target - 76…
EUR/USD: "Doji" pattern
The last bearish "Shooting Star" led to a decline. It's likely that the 34 Moving Average is going to act as support. If so, there'll be an opportunity to have a local upward correction.
There's a "Doji" pattern, which has been formed on the 144 Moving Average line. Therefore, bulls are likely going to reach the 89 Moving Average, which could be a departure point for another decline.
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.