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COT 06/16

Monday, 16 June 2008 15:31:25 GMT

Written by Jamie Saettele, Technical Currency Analyst

Implications: Bullish

COT5_6-16

CHF: The 52 and 13 week readings are at 33 and 33.  The 13 week index has been close to 0 (indicating a bearish sentiment extreme) for weeks, so expectations are for the CHF to strengthen.

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