June Euro currency futures a selling opportunity on more price weakness.

 

See on the daily bar chart for the June Euro currency futures that prices have recently seen a corrective bounce, but are still in a near-term downtrend. A move below chart support at 1.3575 would provide the bears with fresh downside technical momentum and it would also become a selling opportunity. The downside price objective would be 1.3375, or below. Technical resistance, for which to place a protective buy stop just above, is located at 1.3680.

TI_021014.png