Engrbytrade™ weekly futures trading data calculation updates indicate the Euro is conducting a rally similar to what occurred in the 2nd quarter of 2021 and December 2009 to January 2010. Based on this update, there is an expectation the Euro will start to turn lower between December 2023 and January 2024. Additional data will be needed to identify a turning point.
Stock charts courtesy of StockCharts.com.
