Euro Futures Continue LowerEuro FX FuturesCME:6E1!CME_GroupAs the Dollar has been climbing slowly over the last few weeks, the Euro has seen the opposite price action and has continued to trade lower today. Right now, the market is trading near a critical level that was the initial breakdown point from November of 2021, and acted as a “ceiling” in the market until about June of 2025 where it was finally able to break through. Now, that same level is being tested again on the downside and the RSI on a daily chart is nearing “oversold” levels. If the Dollar continues to rise in value this could send prices in the Euro lower, and traders will be looking at the economic data this week to see if there could be another catalyst that sends prices lower. Outside of the Euro, the price action came in mixed across asset classes starting off the week. The S&P and Nasdaq saw marginal selling pressure while the Russell and Dow were able to trade higher, with the Russell trading to a new high price. Gold, Silver and Crude Oil continued to see selling pressure today as the general trend of lower prices continued with these markets. In terms of economic data, there is not much being released this week until Thursday, where we will see Core PCE and GDP, which could add volatility across the board with many markets trading near critical levels. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/ *CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.