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COT 05/19

Monday, 19 May 2008 18:44:12 GMT

Written by Jamie Saettele, Technical Currency Analyst

Implications: Bullish

05-19-08cot6

JPY:  The 52 and 13 week COT indexes are at 55 and 0 now.  The 13 week index has hit 0 twice in the last 4 weeks now, suggesting that the JPY will begin gaining again soon.

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