The euro currency is approaching a seasonal period that deserves the attention of both investors and active market participants. The optimal window lasts approximately 75 calendar days, providing enough time for longer-term traders to establish a bearish position while also allowing shorter-term traders to sell into and out of positions when the euro technical setups develop.
Seasonal patterns are not, by themselves, trade signals. They identify periods when a market has historically tended to move in a particular direction. The current fundamental environment, however, may support the euro's impending bearish pattern.