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COT 02/26

Tuesday, 26 February 2008 16:40:13 GMT

Written by Jamie Saettele, Currency Analyst

Signal: Bullish

Net non-commercial IMM positioning in AUD

COT6_2-26

AUD:  The 52 and 13 week COT indexes are at 49 and 92 and trending up.  Bulls should be careful here because the 13 week index is close to 100, indicating that the bullish  boat is beginning to get a bit too crowded.

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