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Jamie's Picks: 07/03/12

Jamie's Picks: 07/03/12

2012-07-03 13:02:00
Jamie Saettele, CMT, Sr. Technical Strategist
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The Independence Day lull seems to have set in and may very well persist throughout the week. Crude oil is of interest as it nears potential resistance from a recent pivot and parallel channel.

Still, the EURUSD short term pattern remains fairly clean and focus is on last week's low as long as price is below 12700. 12610/40 is now near term resistance.

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