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COT 04/27
Monday, 27 April 2009 20:36:22 GMT  |  Jamie Saettele, Senior Currency Strategist
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CAD: The 13 week index is at 100, which indicates a sentiment extreme. 

04-27-09_cot_cad

Tops (in the CAD here) occur when the index is at or close to 100, so expect the CAD to top (USDCAD bottom).

Implications: bearish (USDCAD bullish)

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