Hubenour
Long

Still positive on Aussie, BUT...

FX:AUDUSD   Australian Dollar/U.S. Dollar
COT
29 0 4
cot
Clean bullish sentiment on Australian dollar             for me (from $0.7153) and still positive. But last week we touched $0.77355 with rissing Open Interests, so probably we will see some profit-taking before breaking through (IF BREAK THROUGH). So no suprise it the price will fall little and make sme correction.
Comment: As expected. We saw the bounce from $0.7735 and now price try to test this level again. If stay above $0.743 scenario is still valid and open (bullish)
Comment: after long time in sideways bullish scenario not any more valide!... actually I am watching AUD and NZD for potencial short bias... ;-)
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