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COT 05/11
Monday, 11 May 2009 19:59:01 GMT  |  Jamie Saettele, Senior Currency Strategist
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EUR: The 13 week index has rolled over from 100, which indicates a sentiment extreme (optimism extreme in this case). 

2009.05.11_cot_eur

This is bearish for the euro (sentiment can remain extreme for a number of weeks though).

Implications: bearish

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