FX:AUDJPY   Australian Dollar / Japanese Yen
It appears 40% of retail traders are net-long AUD/JPY. Downside exposure increased by 4.72% and 13.68% over a daily and weekly basis respectively. The fact traders are net-short hints prices may prices. The combination of that and recent changes in sentiment further compounds a bullish contrarian trading bias.

Buyers are stepping in.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.