June Euro currency futures (E6M25) are a buying opportunity on more price strength.
See on the daily bar chart for June Euro currency futures that prices are trending up and last week hit a nearly two-year high. Recent price action has also formed a bull flag pattern on the daily bar chart. See, too at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bullish posture as the red MACD line is above the blue trigger line. Importantly, price trends in the currency markets tend to be stronger and longer-lasting than price trends in other markets. So this bull move in the Euro currency likely still has legs to run.
