EUR/USD reversed from support zone Next buy target - 1…
USD/JPY: bearish "Three Methods" pattern
There's a confirmed bearish "Harami", so the price is declining. Meanwhile, if a pullback from the nearest support area happens, there'll be time for an upward correction.
We've got a bearish "Three Methods" pattern, so the price is likely going to test the closest support. At the same time, if a pullback from this level forms afterwards, bulls will probably try to achieve 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.