September Swiss franc futures (S6U25) present a selling opportunity on more price weakness. 

See on the daily bar chart for the September Swiss franc futures that prices are trending lower. See at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture as the red MACD line is below the blue trigger line and both are trending down.

The U.S.-China trade war is starting to thaw and that’s put better risk appetite back into the general marketplace. That’s bullish for the U.S. dollar, but bearish for the safe-haven Swiss franc. 

A price move in the September Swissie below chart support at this week’s low of 1.1990 would give the bears more power and it would also become a selling opportunity. The downside price objective would be 1.1350 or below. Technical resistance, for which to place a protective buy stop just above, is located at 1.2250.

IMPORTANT NOTE: I am not a futures broker and do not manage any trading accounts other than my own personal account. It is my goal to point out to you potential trading opportunities. However, it is up to you to: (1) decide when and if you want to initiate any trades and (2) determine the size of any trades you may initiate. Any trades I discuss are hypothetical in nature.

Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%): 

Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you.