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The Euro Just Hit a 13-Month Low. Sell Now Before Prices Head Even Lower.

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The Euro Just Hit a 13-Month Low. Sell Now Before Prices Head Even Lower.
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The article claims that September euro currency futures have reached a 13-month low and frames the move as a potential selling setup amid bearish technical conditions. It says prices are trending lower on the daily chart and that “bears” hold technical control. The piece links the outlook to monetary policy expectations, arguing that the Federal Reserve under its new chairman, Kevin Warsh, is on a hawkish path and could raise interest rates this year to counter inflation, which it says would support the U.S. dollar and weigh on the euro. It cites a potential trigger below chart support at 1.1350, with a downside objective of 1.0900. It also mentions technical resistance around 1.1550 for placing a protective stop. The author emphasizes it is not investment advice, notes futures are volatile and complex, and references CFTC risk disclosures.

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