EUR/USD reversed from support zone Next buy target - 1…
USD/JPY: "Tweezers" and "Harami"
The last bearish "Shooting Star" hasn't been confirmed yet. So, we could have a local decline in the short term and another bullish price movement afterwards.
We've got bearish patterns such a "Tweezers" and a "Harami", which both have confirmation. Therefore, the market is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, we could have just another upward price movement.
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.