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Jamie's Pick: 08/03/12

Jamie's Pick: 08/03/12

2012-08-03 12:49:00
Jamie Saettele, CMT, Sr. Technical Strategist
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The stop on the EURUSD long from yesterday has been moved to breakeven (12175). Objectives are the 100% extension of the rally from 12040 at 12480 and the 38.2% retracement of the wave 3 decline at 12550. I might go short again at these levels.

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