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Jamie's Pick: 04/27/12

Jamie's Pick: 04/27/12

Jamie Saettele, CMT, Sr. Technical Strategist

I just went short the EURUSD at 13260 with a stop at 13390. Price is at resistance from former support (3/29, 3/30, and 4/2 lows). Additional resistance comes in from trendline resistance just shy of 13300. A minimum objective is the bottom of the range near 13000.

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