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Jamie's Pick: 02/16/12

Jamie's Pick: 02/16/12

Jamie Saettele, CMT, Sr. Technical Strategist

The USDJPY has pushed through the 2008-2010 resistance line and is nearing the October high of 7953. 7850/70 is now support. Strategically, it is best to continue moving up the stop (move up from 7735 to 7815).

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