
According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 96.71 and 96.58 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 13 pips. Outlook: If the upper border 96.71 is broken, the price is likely to continue its move by 96.80.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade