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COT 03/03

Monday, 03 March 2008 21:24:15 GMT

Written by Jamie Saettele, Currency Analyst

Signal: Neutral

03-03-08cot9

NZD:  The 52 and 13 week COT indexes are at 53 and 75.  The reading is the same as for the AUD.  Bulls should be careful here because the 13 week index has turned over from 100, indicating that the bullish  boat is beginning to get a bit too crowded.   

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