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

AUDJPY M15

Double Top
The Double Top pattern has been formed on AUDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 91.81 is broken, the downward movement will continue.
2022-12-02

AUDJPY M5

Double Top
The Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 92.08; the lower boundary 91.81; the width of the pattern is 27 points. Sell trades are better to be opened below the lower boundary 91.81 with a possible movements towards the 91.66 level.
2022-12-02

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 92.08 is likely to encourage a continuation of the downward trend.
2022-12-01

AUDJPY H1

Double Bottom
The Double Bottom pattern has been formed on AUDJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 93.79 is broken. The further movements will rely on the width of the current pattern 136 points.
2022-12-01

AUDJPY M5

Bearish Rectangle
According to the chart of M5, AUDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 92.89 – 0.00 and upper border 92.69 – 0.00. In case the lower border is broken, the instrument is likely to follow the downward trend.
2022-12-01

AUDJPY M5

Double Bottom
The Double Bottom pattern has been formed on AUDJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 92.89 is broken. The further movements will rely on the width of the current pattern 19 points.
2022-12-01

AUDJPY M15

Bearish Rectangle
According to the chart of M15, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 92.80 - 0.00 and support 93.10 – 0.00. In case the resistance level 93.10 - 0.00 is broken, the instrument is likely to follow the bearish trend.
2022-12-01

AUDJPY M5

Double Top
The Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 93.09; the lower boundary 92.80; the width of the pattern is 30 points. Sell trades are better to be opened below the lower boundary 92.80 with a possible movements towards the 92.65 level.
2022-12-01

AUDJPY M5

Double Bottom
The Double Bottom pattern has been formed on AUDJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 92.94 is broken. The further movements will rely on the width of the current pattern 11 points.
2022-12-01

AUDJPY M5

Bearish Rectangle
According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 92.92 - 0.00 and support 93.08 – 0.00. In case the resistance level 93.08 - 0.00 is broken, the instrument is likely to follow the bearish trend.
2022-12-01