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FX.co ★ Patterns AUDJPY | Australian Dollar (AUD) to Japanese Yen (JPY) Rate in the Forex market

AUDJPY M5

Double Bottom
The Double Bottom pattern has been formed on AUDJPY M5. Characteristics: the support level 80.03; the resistance level 80.18; the width of the pattern 15 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 15 points.
2021-01-25

AUDJPY M5

Bearish Symmetrical Triangle
According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 79.99 is likely to encourage a continuation of the downward trend.
2021-01-22

AUDJPY M15

Inverse Head and Shoulder
According to the chart of M15, AUDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 79.84 while the median line of the Neck is set at 80.17/80.14. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of AUDJPY will go towards 80.36.
2021-01-22

AUDJPY H1

Double Top
The Double Top reversal pattern has been formed on AUDJPY H1. Characteristics: the upper boundary 80.45; the lower boundary 80.18; the width of the pattern is 26 points. Sell trades are better to be opened below the lower boundary 80.18 with a possible movements towards the 79.78 level.
2021-01-21

AUDJPY M5

Double Top
The Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 80.42; the lower boundary 80.34; the width of the pattern is 8 points. Sell trades are better to be opened below the lower boundary 80.34 with a possible movements towards the 80.19 level.
2021-01-21

AUDJPY M5

Triple Bottom
The Triple Bottom pattern has been formed on AUDJPY M5. It has the following characteristics: resistance level 80.17/80.11; support level 80.06/80.07; the width is 11 points. In the event of a breakdown of the resistance level of 80.17, the price is likely to continue an upward movement at least to 80.20.
2021-01-20

AUDJPY H1

Triple Top
On the chart of the AUDJPY H1 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 79.81, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 44 points.
2021-01-20

AUDJPY M15

Double Top
On the chart of AUDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 80.28; the lower boundary 80.16; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 79.93 level.
2021-01-20

AUDJPY H1

Bullish Symmetrical Triangle
According to the chart of H1, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 80.79/79.96 whereas the lower border goes across 79.07/79.96. The pattern width is measured on the chart at 172 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 79.96 is broken, the price could continue its move toward 80.
2021-01-19

AUDJPY M5

Bullish Symmetrical Triangle
According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 79.97/80.11 whereas the upper border goes across 80.25/80.11. 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 80.26.
2021-01-19