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COT 07/21

Monday, 21 July 2008 18:38:47 GMT

Written by Jamie Saettele, Technical Currency Analyst

Implications: Bullish

COT7_7-21

CAD:  The 25 and 50 week COT indexes are at 24 and 42 after being near 0 for weeks.  Sentiment has turned from a sentiment extreme, indicating that a turn towards CAD strength is probable.

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