FX.co ★ AUDJPY H1: Bullish Symmetrical Triangle
Signal strength 4 of 5
AUDJPY H1: Bullish Symmetrical Triangle
According to the chart of H1, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 82.68/82.91 whereas the upper border goes across 83.19/82.91. 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 83.31.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade