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COT 6/08
Monday, 08 June 2009 18:32:44 GMT
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US Dollar Index: The 13 week index remains at 0, which indicates a bearish sentiment extreme. Sentiment extremes occur near bottoms so expect a bottom and reversal in the USD.
EUR: The 13 week index has rolled over from 100, which indicates a turn from a sentiment extreme. A top typically accompanies index readings of 100.
US Dollar
Implications: bottomed?
Euro
Implications: topped?
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