NZD/JPY falling inside minor impulse wave C Next sell target - 76…
USD/JPY: pair reached the upper "Window"
The pair has reached the upper "Window", but there isn't any reversal pattern so far. In this case, the market is likely going to continue moving up until any bearish candle model forms.
The last two "Three Methods" patterns pushed the market higher. There's no any bearish pattern, so the market is likely going to climb even higher in the coming hours.
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.