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COT 05/19

Monday, 19 May 2008 18:40:20 GMT

Written by Jamie Saettele, Technical Currency Analyst

Implications: Bullish

05-19-08cot3

EUR: The 52 and 13 week indexes are at 14 and 17 after being at 4 and 8 last week.  A bearish extreme has been realized and the Euro should continue to gain in the next few weeks.

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