FX.co ★ AUDJPY M15: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the AUDJPY M15 chart, signaling a likely continuation of the trend. Its upper boundary passes through 110.84/110.67, while its lower boundary passes through 110.53/110.67. The pattern width is 31 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 110.67 could send the price toward 110.89.