ECM12 – June Euro (Last:1.3029)

June Euro (ECM12) price chart with targetsWeakness Sunday night has brought the futures down to a so far low of 1.3013, exceeding a key midpoint support at 1.3043 that I view as more important than the obvious structural support of lows made, respectively, on  March 15 (1.3009) and February 16 (1.2987).  The clear implication is that the euro is bound lower, presumably to the 1.2868 target shown.