NZD/JPY falling inside minor impulse wave C Next sell target - 76…
EUR/USD: "Window" acted as resistance
The upper "Window" has acted as resistance, so the price is consolidating. Also, we've got a "Tower" pattern here. If the 55 Moving Average acts as support, there'll be an opportunity to have another upward price movement.
It's likely to have an "Evening Star". So, the market is likely going to test the 89 Moving Average, which could be a departure point for another upward 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.