![](https://a.c-dn.net/b/4As1V6/ssi_aud-usd_body_100517_IGCS_AUDUSD.png)
Why and how do we use IG Client Sentiment in trading? See our guide and real-time data.
AUDUSD: Retail trader data shows 49.7% of traders are net-long with the ratio of traders short to long at 1.01 to 1. The number of traders net-long is 7.1% higher than yesterday and 21.3% higher from last week, while the number of traders net-short is 0.1% higher than yesterday and 6.3% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests AUDUSD prices may continue to rise. Yet traders are less net-short than yesterday and compared with last week. Recent changes in sentiment warn that the current AUDUSD price trend may soon reverse lower despite the fact traders remain net-short.
--- Written by Christopher Vecchio, CFA, Senior Currency Strategist
To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com
Follow him on Twitter at @CVecchioFX
To be added to Christopher's e-mail distribution list, please fill out this form