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Barchart

Jim Wyckoff

The Euro Just Hit a 13-Month Low. Sell Now Before Prices Head Even Lower.

Euro United States

September Euro currency (E6U26) futures present a selling opportunity on more price weakness.

See on the daily bar chart for the September Euro currency futures that prices are trending lower and have just hit a 13-month low. Bears are in firm technical control. It’s important to note that trends in the currency markets tend to be stronger and longer-lasting than price trends in other markets.

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