The Bears Are in Charge of the Euro. How to Trade the Currency Slump Now.
Yahoo Finance·2025-11-12 14:53
Group 1 - The March Euro currency futures are currently presenting a selling opportunity due to a downward price trend, having recently reached a five-month low [1] - The U.S. economy is in a stronger position compared to the European Union's economy, contributing to bearish sentiment for the Euro currency [2] - A breach of the November low support level at 1.1545 in March Euro currency futures would empower bearish traders and create a selling opportunity, with a downside target of 1.1200 or lower [3] Group 2 - Technical resistance for protective buy stops is identified at 1.1700, indicating a level where traders may consider risk management strategies [3]