March Euro currency futures a selling opportunity on more price weakness.
See on the daily bar chart for the March Euro currency futures that prices are in a downtrend from the October high, and the recent rebound is just a normal corrective bounce in the near-term downtrend. The bears still have near-term technical momentum on their side. A move below chart support at 1.3400 would become a selling opportunity. The downside price objective would be 1.3000, or below. Technical resistance, for which to place a protective buy stop just above, is located at 1.3600.
