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FX.co ★ AUDJPY M5: Bullish Pennant

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Technical Analysis Patterns

2026-08-09T22:24:04
Signal strength 1 of 5

AUDJPY M5: Bullish Pennant

Bullish PennantThe Bullish Pennant pattern has formed on the AUDJPY M5 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 111.52, the uptrend is expected to continue toward 111.67.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by AUDJPY