EUR/USD reversed from support zone Next buy target - 1…
USD/JPY: bullish "Tower" pattern
The 21 Moving Average is acting as resistance, but there's a "Morning Star" pattern, which has formed at the last low. So, we should keep an eye on the 55 MA, which could be a departure point for another decline.
There's a bullish "Tower" pattern, so the price is likely going to continue moving up. The main intraday target is the upper "Window", which could act as resistance.
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.