Connection between two NXT bricks
Yes, it is possible. Have a look at the "Comm module functions" section of the NXT help file. For example, since the touch sensor status is a boolean value, you could use the SendRemoteBool and ReceiveRemoteBool functions. You can communicate wirelessly using the Bluetooth functions (BT*) or you can have a wired connection using RS485 by connecting input port 4 on each brick to each other.