The Bearish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 107.47/107.57 while the upper boundary lies at 107.57/107.67. The projection of the flagpole is 46 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 107.47 is broken, the price will move further downwards.