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Implications: Bearish

EUR: The 52 and 13 week indexes are at 6 and 25.  Similar to the USD (but inverse) the 52 week index suggests that the larger bullish trend will eventually continue.  However, the 13 week index has rolled over and fallen to 25.  The composite COT is declining (not a surprise since the USD composite COT is increasing), which favors Euro weakness over the next few weeks.