Jamie's Pick: 07/26/11
The EURUSD has exceeded the 100% extension of the rally from the July low. More importantly, price has exceeded (intraday at this point) the trendline that extends off of the May and July high, which shifts focus higher to the July high of 14576 and the June high of 14694 (close to the 161.8% extension at 14734). Price ideally remains above 14323. A drop below could result in a test of 14250.
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