Aussie has been falling to feel sorry for, however the weak always get stronger, daily ATR is still cruising at 50pips which is low compare to EURUSD, weird right haha i know. this is a strong demand zone. observe the weekly and daily to get a clear view.
Did you know that Aussie just added a short position of 100k lots from last week cot data. this is the highest since last 7 months. the COT data is the futures. this means aussie is a buy now and the non-commercial are looking to short Aussie at any giving strong supply zone, be it EURAUD,AUDUSD,AUNNZD OR AUDJPY, this move will happen in all aussies. keep an eye
Did you know that Aussie just added a short position of 100k lots from last week cot data. this is the highest since last 7 months. the COT data is the futures. this means aussie is a buy now and the non-commercial are looking to short Aussie at any giving strong supply zone, be it EURAUD,AUDUSD,AUNNZD OR AUDJPY, this move will happen in all aussies. keep an eye