AUDJPY M5 Head and Shoulders

The AUDJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 102.21, the Neckline and the upward angle are at 102.02/102.05. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of AUDJPY will go towards 101.90.