FX.co ★ AUDJPY M30: Bullish Symmetrical Triangle

According to the chart of M30, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 111.09/111.49 whereas the upper border goes across 111.94/111.49. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDJPY will breach the upper border to head for 111.79.