03/30/2017 – Euro

June euro:

1. In yesterday’s (Wednesday, March 29) Williams edge live meeting it was noted that while the June euro had already experienced a sizable decline (yesterday’s then current price, $107.95), a further sharp decline remained likely to $107.55/$60 or lower into today (Thursday, March 30).

2. Subsequently, the June euro declined further and today (Thursday, March 30) completed the $107.55/$60 downside target (today’s session low, $107.29, so far). While not indicated as a trade, this decline further confirms the likelihood of upcoming trades in the June euro contract.

David Williams