Weekly CFTC positioning data in the commitments of traders report for the close on Tuesday, May 17, 2016:
The largest change in position this week was 13K fall in the net long position in the AUD.   The AUD position has been long since Feb 16 week. The AUDUSD did rally until April 21. The long position peaked on April – around the time of the highest high. Since that time, the price has come off sharply. while the position remains long.  Easy come. Easy go for the speculative positions.