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Barchart
Barchart
Jim Wyckoff

Following a European Union Trade Deal, Here’s the Top Move You Should Make Today

Euro

September Euro currency futures (E6U25) present a selling opportunity on more price weakness.

See on the daily bar chart for the September Euro currency futures that prices are starting to roll over after a price uptrend was recently negated. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture as the blue MACD line is below the red trigger line and both lines are trending down. 

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