December Euro currency futures a buying opportunity on more price strength.
See on the daily bar chart for the December Euro currency futures that prices are in a six-week-old uptrend and have just hit a fresh six-month high. The bulls have the firm near-term technical advantage to suggest prices can continue to trend sideways to higher in the coming weeks. A move above chart resistance at the June high of 1.3426 would become a buying opportunity. The upside price objective would be 1.3750, or above. Technical support, for which to place a protective sell stop just below, is located at 1.3300.
