NZD/USD: Retail trader data shows 50.26% of traders are net-long with the ratio of traders long to short at 1.01 to 1. In fact, traders have remained net-long since May 19 when NZD/USD traded near 0.61, price has moved 2.66% higher since then. The number of traders net-long is 42.72% higher than yesterday and 28.95% higher from last week, while the number of traders net-short is 17.09% lower than yesterday and 45.51% lower from last week. I typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests NZD/USD prices may continue to fall.