NZD/JPY falling inside minor impulse wave C Next sell target - 76…
USD/JPY: "Window" acted as support
We've got a bearish "Hammer" pattern, which hasn't been confirmed yet. Therefore, we should keep an eye on the 21 Moving Average as the next intraday target.
The lower "Window" acted as support, so there's a bullish "Harami" pattern. Under this circumstance, the 55 & 89 are likely going to act as resistance in the short term.
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.