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COT 05/19
Monday, 19 May 2008 18:42:57 GMT  |  Jamie Saettele, Technical Currency Analyst
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Implications: Bullish

05-19-08cot5

CHF: The readings are at 24 and 0 for the 52 and 13 week indexes.  The 13 week index has been at 0 for two weeks now  (last time the index was at 0 was when the USDCHF topped at 1.1594).  A turn towards CHF strength is likely this week.  Risk has shifted to the upside (towards CHF strength).

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