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

The Double Top reversal pattern has formed on the AUDJPY M15 chart. Its upper boundary is at 114.46, its lower boundary is at 114.35, and its width is 11 points. A short position may be considered below the lower boundary at 114.35, with a potential target at 114.13.

The Bullish Symmetrical Triangle pattern has formed on the AUDJPY M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 113.99 and 113.67, respectively. The pattern width is 32 points. If the price breaks above the upper boundary at 113.99, it is likely to move toward 114.01.

The Bearish Symmetrical Triangle pattern has formed on the AUDJPY M5 chart. Its lower boundary passes through 113.60/113.68, while its upper boundary passes through 113.75/113.68. The pattern width is 15 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If AUDJPY breaks below the lower boundary, the price could move toward 113.53.

The Bullish Rectangle has formed on the AUDJPY M5 chart. This is a trend continuation pattern bounded by the lower boundary at 113.90–113.90 and the upper boundary at 114.01–114.01. A breakout above the upper boundary is likely to signal a continuation of the uptrend.

The Bullish Rectangle has formed on the AUDJPY M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 113.92 and its lower boundary is at 113.76. A long position may be considered after the price breaks above the upper boundary at 113.92 of the Bullish Rectangle.

The Double Top reversal pattern has formed on the AUDJPY M5 chart. Its upper boundary is at 113.61, its lower boundary is at 113.37, and its width is 24 points. A break below the lower boundary is likely to confirm further downward movement toward 113.22.

The Triple Top reversal pattern has formed on the AUDJPY M15 chart. Its upper boundary is at 113.38/113.40, its lower boundary is at 113.20/113.25, and its current width is 10 points. If the confirmation support at 113.20 is broken, that width can be used to project the downward move.

The Double Bottom pattern has formed on the AUDJPY M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 113.25. The projected move is based on the pattern width of 4 points.

The Bearish Rectangle has formed on the AUDJPY M5 chart. This is a trend continuation pattern bounded by the lower boundary at 112.42–112.42 and the upper boundary at 112.51–112.51. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Double Top reversal pattern has formed on the AUDJPY M5 chart. Its upper boundary is at 112.44, its lower boundary is at 112.09, and its width is 35 points. A break below the lower boundary is likely to confirm further downward movement toward 111.94.