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COT 04/28

Monday, 28 April 2008 17:18:10 GMT

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Written by Jamie Saettele, Technical Currency Analyst

Implications: Bullish

COT6_4-28

JPY:  The 52 and 13 week COT indexes are at 61 and 0 now.  The 13 week index at 0 indicates a bearish extreme.  Therefore, it is time to begin looking for opportunities to buy Yen again (sell Yen crosses).

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