NZD/JPY falling inside minor impulse wave C Next sell target - 76…
USD/JPY: bullish "Three Methods"
We've got a "Three Methods" pattern, which has been confirmed. In this case, the market is likely going to continue moving up in the direction of the next resistance level.
There isn't any reversal pattern so far, which means bulls are likely going to continue pushing the price even higher. If a pullback from the upper "Window" is on the table, there'll be an option to have a bearish correction.
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.