FX.co ★ AUDJPY M30: Triple Bottom

The Triple Bottom pattern has formed on the chart of AUDJPY M30. Features of the pattern: The lower line of the pattern has coordinates 94.65 with the upper limit 94.65/94.63, the projection of the width is 14 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 94.51, the price is most likely to continue the upward movement.