USDJPY continues to push the high 80s in terms of percentage of traders long. AUDUSD with 59.55% of retail traders short has pushed into the long bias zone.

The warm and fuzzy glow left after the Euro summit agreements has given the EUR a lot of strength with EURGBP and EURUSD now in the strong long zones with 66.48% and 66.71% of traders short respectively. Conversely the CHF safe haven is very much in play even against EUR strength, 71.69% of retail traders are long EURCHF we remain strong short biased.

EURUSD on fire

Source http://www.fxstreet.com/technical/analysis-reports/daily-fx-retail-trader-contrarian-analysis/2011-10-28.html



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