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Barchart
Barchart
Jim Wyckoff

Ditch the Dollar and Buy the Euro Now. Here’s Why.

June Euro currency (E6M26) futures present a buying opportunity on more price strength.

See on the daily bar chart for the June Euro currency futures that prices on Tuesday hit a contract high, amid a solid price uptrend in place. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the blue MACD line is above the red trigger line and both lines are trending up.

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