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COT 12/3
Tuesday, 04 December 2007 06:30:52 GMT  |  Jamie Saettele, Technical Currency Strategist
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Signal: Bearish but forming a bottom

12-03-2007cot8

AUD:  The % of total commercial positions that are long measured through a 52 week percentile is at 76 and the % of total speculative positions that are long measured through a 52 week percentile is at 39.  Both the 52 and 13 week COT indices are at 8.  Readings this low indicate that an important low is about to form.

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