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COT 06/02

Monday, 02 June 2008 17:14:17 GMT

Written by Jamie Saettele, Technical Currency Analyst

Implications: Bearish

COT7_6-2

CAD:  The 25 and 50 week COT indexes are at 65 and 92.  The 13 week index is very close to a bullish extreme so look for a reversal towards CAD weakness (USDCAD strength).

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