December Euro Currency Futures a Selling Opportunity on More Price Weakness
See on the daily bar chart for the December Euro currency that prices remain in a solid downtrend and this week hit a contract low. The bears remain in firm command. A move below chart support at this week’s low of 1.2843 would become a selling opportunity. The downside price objective would be 1.2450 or below. Technical resistance, for which to place a protective buy stop just above, is located at 1.3000.
