Forex Alert

AUD/USD IG Client Sentiment: Our data shows traders are now at their most net-long AUD/USD since Jun 04 when AUD/USD traded near 0.77.

AUD/USD IG Client Sentiment: Our data shows traders are now at their most net-long AUD/USD since Jun 04 when AUD/USD traded near 0.77.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bearish contrarian trading bias.

Source: DailyFX – Technical Analysis
Date: June 17, 2021, 13:23