AUD Signal: Bearish but forming a low
AUD: The % of total commercial positions that are long measured through a 52 week percentile is at 75 and the % of total speculative positions that are long measured through a 52 week percentile is at 82. The 52 and 13 week COT indices are at 24 and 33. Readings this low indicate that an important low may very well form in the next few weeks.