Farid
Short

I'm bearish on AUDUSD

FX_IDC:AUDUSD   AUSTRALIAN DOLLAR / US DOLLAR
18 0 0
If you look at the COT report this week, you see that the big players of the market have doubled their short positions this week. last week the net position was -24,356 and this week it's -40,281 so, regarding this, we should expect a strong downtrend. Today we encountered a daily resistance which was respected as a demand level. We shall wait for tomorrow's push to break this strong resistance.
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