Jamie's Pick: 03/26/12
Longs were triggered on Friday a 8200 (all real time trade ideas are released through Twitter @JamieSaettele) and the stop was moved up last night to 8235.
The USDJPY drop into 8200 may complete a corrective decline from 8417. The 8200 level is defended by the 20 day average, 50% retracement of the rally from 8001 and 3/13 low. A bullish bias is warranted as long as price is above the March low of 8058. Interim resistance next week is 8295 and 8330. 8160 would be support is 8195 fails to hold.
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