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 fledgling downtrend and have just hit a four-week low. The bears have gained downside technical momentum and would gain more strength by pushing prices below solid technical support at the June low of 1.3505. That would also become a selling opportunity. The downside price objective would be 1.3300 or below. Technical resistance, for which to place a protective buy stop just above, is located at 1.3600.
