March Euro currency futures a selling opportunity on more price weakness.
See on the daily bar chart for March Euro currency futures that prices are in a steep three-week-old downtrend and have this week hit a two-month low. The bears have gained downside near-term technical momentum recently. A move below solid chart support at 1.3500 would become a selling opportunity. The downside price objective would be 1.3250, or below. Technical resistance, for which to place a protective buy stop just above, is located at 1.3625.
