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COT 02/04

Monday, 04 February 2008 17:55:39 GMT

Written by Jamie Saettele,Technical Currency Strategist

Signal: Bullish

COT2-2-4

 EUR: The % of total commercial positions that are long measured through a 52 week percentile is at 98 and the % of total speculative positions that are long measured through a 52 week percentile is at 0.  The 52 and 13 week COT indexes are also both at 0.  Readings this low are extremely bullish.

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