FX.co ★ AUDJPY M5: Bullish Symmetrical Triangle

According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 90.64/90.78 whereas the upper border goes across 90.96/90.78. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDJPY will breach the upper border to head for 90.93.