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COT 12/18

Thursday, 20 December 2007 09:32:18 GMT

Written by Jamie Saettele, Currency Analyst

NZD Signal: Bullish

12-18-07 pic 9gif

NZD:  The % of total commercial positions that are long measured through a 52 week percentile is at 77 and the % of total speculative positions that are long measured through a 52 week percentile is at 24.  The 52 and 13 week COT indices are at 24 and 33.  The indices have turned up from bearish extremes, which is bullish for NZD.      

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