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Jamie’s Pick: 6/19/2015

Jamie’s Pick: 6/19/2015

Jamie Saettele, CMT, Sr. Technical Strategist

Failure at long term uptrend resistance indicates potential for an important top to form in USDJPY. Favor the downside as long as price is below 126. A break below 119.50 would set the stage for a drop to the mid 114.00s. For more analysis and trades, visit SB Trade Desk.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.