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

According to the chart of M15, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 108.11 and support 107.77. In case the resistance level 108.11 - 108.11 is broken, the instrument is likely to follow the bullish trend.

According to the chart of M5, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 108.11, the lower border is 107.77. The signal means that a long position should be opened above the upper border 108.11 of the Bullish Rectangle.

On the chart of AUDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 108.09; the lower boundary 107.81; the width of the pattern 28 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 107.58 level.

On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 108.09; the lower boundary 107.84; the width of the pattern 25 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 107.69 level.

The Bullish Flag pattern has been formed on the chart AUDJPY M5 which signals that the upward trend will continue. Signals: а break of the peak at 107.84 may push the price higher, and the rise will be the projection of the pole.

On the chart of AUDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 108.43; the lower boundary 107.78; the width of the pattern 65 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 107.56 level.

On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 108.30; the lower boundary 107.78; the width of the pattern 52 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 107.63 level.

On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 107.59; the lower boundary 107.41; the width of the pattern 18 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 107.26 level.

The Bullish pennant graphic pattern has formed on the AUDJPY M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 107.65.

According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 107.08/106.74 whereas the lower border goes across 106.48/106.74. The pattern width is measured on the chart at 60 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 106.74 is broken, the price could continue its move toward 106.96.