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COT 01/22

Thursday, 24 January 2008 14:12:47 GMT

Written by Jamie Saettele, Currency Analyst

Signal: Bullish

01-22-08cot5

CHF: The % of total commercial positions that are long measured through a 52 week percentile is at 12 and the % of total speculative positions that are long measured through a 52 week percentile is 88.  CHF buying has accelerated recently and a bullish extreme has yet to be registered so continue to favor CHF strength.

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