AUD/CHF reversed from resistance zone Next sell target - 0…
USD/JPY: bearish "Three Methods"
We've got a bearish "Three Methods", but there's a local bullish "Harami" pattern, which has been confirmed. So, the market is likely going to test the closest resistance level, which could lead to another decline.
There's resistance by the Monday's "Window". However, we've got a confirmed bullish "Hammer", so the pair is likely going to test the Moving Averages. If a pullback from these lines happens, bears will try to deliver a new local low.
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…
We’ve got a pullback from the lower “Window”, so there’s a bullish “Doji”, which has been confirmed .