FX.co ★ Patterns AUDJPY | Australian Dollar (AUD) to Japanese Yen (JPY) Rate in the Forex market
AUDJPY M15
Bullish Rectangle
The Bullish Rectangle has formed on the AUDJPY M15 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 110.49 and its support is at 110.22. A breakout above the resistance zone at 110.49–110.49 is likely to signal a continuation of the bullish trend.
AUDJPY M30
Bullish Rectangle
The Bullish Rectangle has formed on the AUDJPY M30 chart and indicates a likely continuation of the trend. Its upper boundary is at 110.49 and its lower boundary is at 110.22. A long position may be considered after the price breaks above the upper boundary at 110.49 of the Bullish Rectangle.
AUDJPY M30
Bullish Rectangle
The Bullish Rectangle has formed on the AUDJPY M30 chart. This is a trend continuation pattern bounded by the lower boundary at 110.22–110.22 and the upper boundary at 110.49–110.49. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
AUDJPY M15
Bullish Rectangle
The Bullish Rectangle has formed on the AUDJPY M15 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 110.49 and its support is at 110.22. A breakout above the resistance zone at 110.49–110.49 is likely to signal a continuation of the bullish trend.
AUDJPY M30
Double Top
The Double Top pattern has formed on the AUDJPY M30 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 110.22 is likely to confirm further downward movement.
AUDJPY M15
Triple Top
The Triple Top pattern has formed on the chart of AUDJPY M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 110.22 may confirm the bearish scenario. The projected peak-to-trough width is 13 points.
AUDJPY M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of AUDJPY M5. The lower boundary is at 109.54, while the upper boundary is at 109.66/109.63. The projected width is 13 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 109.66 is broken, the price is likely to continue upward.
AUDJPY M15
Bullish Rectangle
The Bullish Rectangle has formed on the AUDJPY M15 chart. This is a trend continuation pattern bounded by the lower boundary at 109.52–109.52 and the upper boundary at 109.83–109.83. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
AUDJPY M5
Double Top
The Double Top pattern has formed on the AUDJPY M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 109.23 is likely to confirm further downward movement.
AUDJPY M15
Triple Bottom
The Triple Bottom pattern has formed on the AUDJPY M15 chart. It has the following characteristics: resistance at 110.01; support at 109.83; pattern width of 18 points. If the confirmation resistance at 110.09 is broken, the price is likely to continue upward by at least 27 points.
