NZD/JPY falling inside minor impulse wave C Next sell target - 76…
USD/JPY: "Shooting Star" pattern
There's a bearish "Three Methods" pattern. At the same time, there's no any reversal pattern so far. Therefore, the price is likely going to continue declining towards the lower "Window".
We've got a "Shooting Star" pattern, which has been formed at the last local high. In this case, the pair is likely going to decline until any bullish pattern forms.
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.