EUR/USD reversed from support zone Next buy target - 1…
USD/JPY: pair going to continue moving up
The last "Window" has been broken, so we don't have any reversal pattern so far. In this case, the pair is likely going to continue moving up towards the next resistance level.
We've got a bearish "Harami", which hasn't been confirmed yet. So, there's an opportunity to have a local correction during the day. However, bulls will try to deliver a new local high afterwards.
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.