The Bond rallied to resistance.

I just sold the EURO @ 124.80.

You really shouldn’t see the Bonds back above the opening range today if the trade is correct.

BUY 2 EURO @ 124.10.
BUY 4 EURO @ 124.96 STOP GTC…This is an intra day all session order GTC

Work Both these orders.

The Euro either breaks right from here or it will rally another 80 points to
125.60.

I’ve taken a look at an opening range trade to see if the Euro runs out of steam.

I didn’t have a resting sell order in at resistance “125.10”, making my risk /reward slightly larger than I like.

The point & figure does has room to rally to the second target, however with the Bonds failing to follow through to the upside I thought I’d give it a whirl.