NZD/JPY falling inside minor impulse wave C Next sell target - 76…
EUR/USD: "Triple Bottom" pattern
The price is consolidating between the levels 1.1668 - 1.1582. Also, there's a "Double Bottom" pattern, which has been confirmed. The main intraday target is the nearest resistance at 1.1724 - 1.1729, which could be a departure point for a bearish price movement.
There's a "Triple Bottom" pattern, so the price reached the nearest resistance at 1.1668. In this case, there's an opportunity to have a bearish correction towards the closest support at 1.1634 - 1.1615. If a pullback from this area happens, we could have another bullish 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.