Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bullish contrarian trading bias.
AUD/JPY IG Client Sentiment: Our data shows traders are now net-short AUD/JPY for the first time since Jan 22, 2020 when AUD/JPY traded near 75.07. posted first on your-t1-blog-url
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