EUR/USD reversed from support zone Next buy target - 1…
EUR/USD: up to the upper "Window"
The 55 Moving Average has acted as support, so there's a "Harami" pattern. So, the market is likely going to test the nearest resistance area.
We've got a bullish "Hammer", which has been formed on the 89 Moving Average. Therefore, the pair is likely going to test the upper "Window".
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.