Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading bias.
Source
AUD/JPY IG Client Sentiment: Our data shows traders are now at their most net-long AUD/JPY since Jul 26 when AUD/JPY traded near 100.60.
![](http://forex.weraven.com/wp-content/uploads/2023/06/tired-yawning-businessman-working-late-night-office-blue-moon-light-coming-from-window-scaled.jpg)