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COT 07/08

Tuesday, 08 July 2008 16:02:02 GMT

Written by Jamie Saettele, Technical Currency Analyst

Implications: Bearish but bottoming

COT7_7-8

CAD:  The 25 and 50 week COT indexes are at 0 and 0.  A bearish sentiment extreme is in place, indicating that a turn towards CAD strength is probable.

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