NZD/JPY falling inside minor impulse wave C Next sell target - 76…
EURUSD: "V-Top" pattern
Bulls faced with resistance at 1.2033, so there's a "V-Top" pattern. The main intraday target is the next support at 1.1884 - 1.1875. If a pullback from this area happens little later on, there'll be a moment to have an upward price movement towards another resistance at 1.1975 - 1.2003.
All the Moving Averages have been broken, so the price is consolidating. It's likely that the market is going to reach the 89 Moving Average in the short term. If a pullback from this line happens, bears will probably try to achieve the nearest support at 1.1890 - 1.1871.
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.