December Euro currency (E6Z26) futures present a selling opportunity on more price weakness.
See on the daily bar chart for the December Euro currency futures that last week’s price action negated a price uptrend and prices on Friday closed at a technically bearish weekly low close. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator has just produced a bearish line crossover signal, whereby the blue MACD line crossed below the red trigger line. The Euro currency bears have momentum on their side.
