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 have seen a short-covering bounce Thursday, but remain in an overall choppy downtrend. A move below chart support at Thursday’s low of 1.3589 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 1.3679.
