[psytrader]

precicely habib,

I was noticing that the COT data for the EUR is bouncing off a double top just as the cable is doing the same. This all taking place right in alignment with a double bottom COT on the dollar.

I have only be involved in forex about 18 months so Im not super confident about the signifigance.

All other fundamentals aside, would you see this as an ominous sign to spark a dollar thrust?

Granted COT is only looking at half of a pair,...given the chart pattern on the dollar I would see it as a "no brainer" for a bullish dollar.

Habib,...Mick,... your thoughts

PSY