Signal: Bullish
NZD: The 52 and 13 week COT indexes are at 55 and 92. The reading is the same as for the AUD. Conditions are considere bullish until a bullish sentiment extreme occurs -- which likely will not happen for at least a few weeks. Bulls should be careful here because the 13 week index is close to 100, indicating that the bullish boat is beginning to get a bit too crowded.
