June Euro currency (E6M26) futures are showing a buying opportunity with prices hitting a contract high. President Trump’s weak U.S. dollar stance is expected to lead to lower interest rates, making the Euro currency bullish. Technical analysis suggests a move above 1.2159 would be a buying opportunity, with an upside target of 1.2500.

Disclaimer: Futures trading is not suitable for everyone. Consider financial experience, goals, and resources before investing. Jim Wyckoff does not hold any positions in mentioned securities. Information provided is for informational purposes only. Source: Barchart.com

Read more at Yahoo Finance: Ditch the Dollar and Buy the Euro Now. Here’s Why.