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Jamie's Pick: 09/18/12

Jamie's Pick: 09/18/12

Jamie Saettele, CMT, Sr. Technical Strategist

I took a long last night in AUDUSD at 10440. From the technicals - "Friday’s rally has nearly been retraced but additional upside is favored as long as price is above 10321. The 61.8% extension of 9580-10613 / 10165 is an objective at 10804." Support extends to 10400. I will go breakeven if 10485 registers.

I am also still long USDJPY from last week.

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