Euro…We’ve seen a big rejection in both the Bunds and the U.S. 30 yr Bonds.
Lower Bonds = lower currencies against the Dollar.
A close today in the Euro below 129.70 is a sell on our work. A close below 129.42 @
4 P.M. EST puts in an ORL day.
Those wishing to lead off on a Euro short should use a 130.15 stop.
Suisse is already attempting this very pattern with a Futures close below 104.24 “SFM”
USD/CHF… needs a good close and follow through over 96.30
EUR/CHF…124.47 is the ORH in this cross. If the pattern follows through, look for 125.70 followed by another 5 figures.
Let me say it again…Follow the Bonds!!!!
Lower Futures = a higher U.S. Dollar.
144.00 in the 30 yr. is big.
