March Euro currency (E6H26) futures show a buying opportunity with a bullish double-bottom reversal pattern. The moving average convergence divergence (MACD) indicator is bullish. Lower U.S. interest rates and improved market risk appetite benefit the Euro against the dollar.

Breaking above resistance at 1.1732 would signal a buying opportunity with an upside target of 1.2000. Technical support is at 1.1635. The Commodity Futures Trading Commission (CFTC) warns of the risks involved in futures trading, emphasizing volatility and complexity.

Jim Wyckoff does not hold positions in mentioned securities. Information provided is for informational purposes only. Visit Barchart.com for the full article on the potential trading opportunity in March Euro currency futures.

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