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

According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 113.23/113.28 whereas the upper border goes across 113.35/113.28. 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 113.43.

According to the chart of M5, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 113.35, the lower border is 113.23. The signal means that a long position should be opened above the upper border 113.35 of the Bullish Rectangle.

The Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 113.35; the lower boundary 113.23; the width of the pattern is 11 points. Sell trades are better to be opened below the lower boundary 113.23 with a possible movements towards the 113.08 level.

On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 112.42; the lower boundary 112.32; the width of the pattern 10 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 112.17 level.

According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 112.63 and 112.46 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 17 pips. Outlook: If the upper border 112.63 is broken, the price is likely to continue its move by 112.71.

According to the chart of M15, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 112.40 – 112.40 and upper border 112.54 – 112.54. In case the upper border is broken, the instrument is likely to follow the upward trend.

According to the chart of M5, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 112.40 – 112.40 and upper border 112.54 – 112.54. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Bullish pennant signal – Trading instrument AUDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 110.51, with the prospect of the next move being a projection of the flagpole height.

The Triple Bottom pattern has formed on the chart of the AUDJPY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 110.01/109.99.

According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 109.91/109.96 and upper border is 110.03/109.96. The pattern width is measured on the chart at -12 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDJPY breaches the lower border, the price could continue its move toward 109.81.