September Euro currency futures a selling opportunity on more price weakness.
See on the daily bar chart for the September Euro currency futures that prices are in a steep downtrend and on Friday hit a 3.5-month low. The Euro bears have downside technical momentum. A move below chart support at last week’s low of 1.3615 would become a selling opportunity. The downside price objective would be 1.3400, or below. Technical resistance, for which to place a protective buy stop just above, is located at 1.3700.
