COT 04/07

Published April 7th, 2008 - 08:20 GMT
Al Bawaba
Al Bawaba

Implications: Forming a top




EUR: The 52 wek and 13 week indexes are at 12 and 50.  Similar to the USD (but inverse) the 52 week index suggests that the larger bullish trend could continue.  However, the 13 week index has rolled over from elevated levls (83), which is bearish.