June Euro currency futures a buying opportunity on more price strength.
See on the daily bar chart for the June Euro currency that prices are in a two-week-old uptrend and have just hit a fresh six-week high. The Euro currency bulls have gained upside near-term technical momentum recently. A move above chart resistance at this week’s high of 1.3770 would become a buying opportunity. The upside price objective would be 1.4050, or above. Technical support, for which to place a protective sell stop just below, is located at 1.3650.
