September Euro Currency Futures a Buying Opportunity on More Price Strength
See on the daily bar chart for the September Euro currency that prices have been trending higher for the past two weeks and on Monday hit a six-week high. The bulls have gained upside near-term technical momentum. A move above solid resistance at Monday’s high would become a buying opportunity. The upside price objective would be 1.3900 or above. Technical support, for which to place a protective sell stop just below, is located at 1.3600.
