ECZ10 – December Euro (Last:1.3380)

December Euro (ECZ10) price chart with targetsIs the euro about to turn higher?  We’ll be better able to answer that question when we see the rally interact with 1.3306, a Hidden Pivot resistance that can serve as a minimum upside objective for the near term.  I have included a chart that shows the target because the pattern it’s associated with is very unintuitive. It’s not an ideal place to try shorting, however, due to its close proximity to the November 9 peak at 1.3301. _______ UPDATE (12:26 p.m. ET): The futures blew past 1.3306 effortlessly, suggesting this rally will continue into next week, at least.