We have explained two possible short positions, one at the channel line other on the top point at 0.7400 level. The recent rise in net-long position has helped to alleviate the tilt in retail sentiment as only 41.74% of traders were net-long AUD/USD earlier this week, but the crowding behavior looks poised to persist even though the exchange rate trades to a fresh yearly (0.7414) high in September. With that said, AUD/USD may continue to exhibit a bullish trend as it reverses the course ahead of the 50-Day SMA (0.7176).