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COT 01/28

Monday, 28 January 2008 17:12:08 GMT

Written by Jamie Saettele,Technical Currency Strategist

Signal: Bullish

COT8_Jan 28

 NZD:  The % of total commercial positions that are long measured through a 52 week percentile is at 18 and the % of total speculative positions that are long measured through a 52 week percentile is at 59.  The 52 and 13 week COT indices are at 53 and 83.  COT information warrants a cautious bullish stance since the indicators are trending up.

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