Dave-FX-Hunter

AUDUSD waiting for the pullback and bearish candle

FX:AUDUSD   Dólar Australiano/Dólar Americano
waiting for the pullback to enter the short position. Banks have rapidly reduced longs on the AUD and they built big shorts. Last week we could see big profit-taking from shorts. If there will be a pullback and strong bearish candle in my levels I will short it. If we check the USD positions, we can see huge growth in the longs and a massive reduction of shorts. USD is bullish and it can be a driver of this move down.

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