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COT 01/28

Monday, 28 January 2008 16:35:26 GMT

Written by Jamie Saettele,Technical Currency Strategist

Signal: Bullish

COT7_Jan 28

AUD:  The % of total commercial positions that are long measured through a 52 week percentile is at 57 and the % of total speculative positions that are long measured through a 52 week percentile is at 14.  The 52 and 13 week COT indices are at 24 and 50.  All indicators have turned up from close to bearish extremes, so favor the upside. 

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