Am looking at this curency pair and to tell you the truth its hard to believe that it will crush! - AUDJPY is going down and here is why.. Last week i was looking at this currency pair USDJPY and i honestly thought it will rise. - Now will it rise? i am not sure.. - But i think my analysis on it was wrong.. - Looking at this one using the"13 EMA System" - Its going to go down.. this is something i never thought i would have to document about. - Its truely a bear market, and its going to be sad..Because when i first started trading the JPY currency pairs where always going up! - I remember buying USDJPY and it become the number#1 trending currency pair on twitter. - But today AUDJPY is going down. - Looking at the 13 EMA on the bollinger bands you can see that the price of this currency pair is overvalued and its in a sell position. - Prepare for a bear market. Sell this one, is the analysis. - Rocket boost this content to learn more.
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