EUR/USD reversed from support zone Next buy target - 1…
USD/JPY: "Window" acting as support
The nearest "Window" is acting as support, which is likely going to be tested once again in the short term. If we have another pullback from the "Window", bulls will probably try to deliver a new local high.
We've got a bearish "Tower", which has been formed right below the upper "Window". So, the pair is likely going to test the 89 Moving Average during the day.
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.