AUDUSD Bearish Divergence

Hello Friends

Today you can see on my wall that I have covered all the trading pairs for AUD. All of the pairs are calling for a short on AUD. The reasoning behind this outside of chart TA is COT data shows a massive increase of short positions added to the non-commercial hedge funds.

For information on COT data click this link here. Scroll down to CME short format.

Cheers!