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COT 04/07

Monday, 07 April 2008 16:31:05 GMT

Written by Jamie Saettele, Technical Currency Analyst

Implications: Neutral

COT8_4-7

AUD:  The 52 and 13 week COT indexes are at 45 and 58.  The 13 week index has rolled over from 100 and is trending down, which is bearish.  The 52 week index has been near 50 since mid February.  Until things clear up, we maintain a neutral reading.

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