We were just stopped out of our short EURO position @ 127.43 for a 16 tick loss.We currently have no currency positions.

I took a 15 tick risk off a level (127.31) which I thought could potentially see a 2-300 point sell off.

Euro could trade as high as 127.87 and still go back down.

Sustained price action over that level could lead to another 100+ points of upside.