December Euro currency (E6Z26) futures present a buying opportunity on more price strength.
See on the daily bar chart for the December Euro currency futures that this week’s price action has produced a bullish upside “breakout” from a basing area at lower price levels. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as a bullish line crossover signal occurred in early July, whereby the blue MACD line crossed below the red trigger line. Both lines are also now trending higher.
