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Jim Wyckoff

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Euro Currency Bulls Working on a Price Uptrend

October 25, 2019 by Jim Wyckoff

The Euro currency futures is one of the most popularly traded futures market in the world. See on the daily bar chart for the March Euro currency that prices are starting to trend higher and the bulls have gained some strength to suggest a market bottom is in place. It will take a move above chart resistance at the 1.1300 level to give the bulls fresh power to suggest the price uptrend can be sustained. A drop below the support line seen on the chart would negate the fledgling price uptrend and give the bears renewed power. Stay tuned!–Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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