FX.co ★ Patterns AUDJPY | Australian Dollar (AUD) to Japanese Yen (JPY) Rate in the Forex market
AUDJPY M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the AUDJPY M5 chart. A break below the lower boundary at 110.37 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 14 points.
AUDJPY M15
Bearish Rectangle
The Bearish Rectangle has formed on the AUDJPY M15 chart. This is a trend continuation pattern bounded by the lower boundary at 110.37–110.37 and the upper boundary at 110.52–110.52. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
AUDJPY M5
Bearish Rectangle
The Bearish Rectangle has formed on the AUDJPY M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 110.52–110.52 and its support zone is at 110.37–110.37. A break below support at 110.37 is likely to signal a continuation of the bearish trend.
AUDJPY M15
Double Bottom
The Double Bottom pattern has formed on the AUDJPY M15 chart. Its upper boundary is at 110.51, its lower boundary is at 110.38, and its width is 14 points. A break above the upper boundary at 110.51 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
AUDJPY M5
Triple Top
The Triple Top reversal pattern has formed on the AUDJPY M5 chart. Its upper boundary is at 110.85/110.80, its lower boundary is at 110.51/110.66, and its current width is 14 points. If the confirmation support at 110.51 is broken, that width can be used to project the downward move.
AUDJPY M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the AUDJPY M5 chart. A break below the lower boundary at 110.32 is likely to signal a continuation of the downtrend.
AUDJPY M5
Inverse Head and Shoulders
The Inverse Head and Shoulders pattern has formed on the AUDJPY M5 chart. A break above the higher of the neckline anchors at 110.81/110.78 may confirm the bullish reversal.
AUDJPY M5
Triple Top
The Triple Top pattern has formed on the chart of the AUDJPY M5 trading instrument. It is a reversal pattern with resistance at 111.34/111.34, support at 111.25/111.29, and a width of 9 points. A break below the confirmation support at 111.25 may signal further downward movement.
AUDJPY M30
Head and Shoulders
The Head and Shoulders pattern has formed on the AUDJPY M30 chart. The head high is at 111.29, while the neckline passes through 110.88/110.88. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
AUDJPY M5
Double Top
The Double Top reversal pattern has formed on the AUDJPY M5 chart. Its upper boundary is at 111.27, its lower boundary is at 110.94, and its width is 35 points. A short position may be considered below the lower boundary at 110.94, with a potential target at 110.79.
