March Euro currency futures a buying opportunity on more price strength.
See on the daily bar chart for the March Euro currency futures, traded at the Chicago Mercantile Exchange, that prices are in a nine-week-old uptrend. The Euro bulls have upside near-term technical momentum. See that a bull flag pattern has also developed on the daily bar chart. A move in prices above chart resistance at Wednesday’s high of 1.3360 would become a fresh buying opportunity. The upside price objective would be 1.3700, or above. Technical support, for which to place a protective sell stop just below, is located at 1.3200.
