AUDJPY might be needing to catch breath

16 พ.ย. 2014

Undoubtedly AUDJPY and other X-JPY crosses have been bullish in the essence of its meaning. Nonetheless there must be a correction to such bold behavior and maybe we are at the right time.
Look at the bearish divergence on MACD, meanwhile the 2,5 parallel to Andrew's Pitchfork Median Line might pin point wher exactly to open a short position.