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

The Double Top reversal pattern has formed on the AUDJPY M5 chart. Its upper boundary is at 113.61, its lower boundary is at 113.37, and its width is 24 points. A break below the lower boundary is likely to confirm further downward movement toward 113.22.

The Triple Top reversal pattern has formed on the AUDJPY M15 chart. Its upper boundary is at 113.38/113.40, its lower boundary is at 113.20/113.25, and its current width is 10 points. If the confirmation support at 113.20 is broken, that width can be used to project the downward move.

The Double Bottom pattern has formed on the AUDJPY M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 113.25. The projected move is based on the pattern width of 4 points.

The Bearish Rectangle has formed on the AUDJPY M5 chart. This is a trend continuation pattern bounded by the lower boundary at 112.42–112.42 and the upper boundary at 112.51–112.51. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Double Top reversal pattern has formed on the AUDJPY M5 chart. Its upper boundary is at 112.44, its lower boundary is at 112.09, and its width is 35 points. A break below the lower boundary is likely to confirm further downward movement toward 111.94.

A Bullish Pennant continuation signal has formed on the AUDJPY M30 chart. A long position may be considered above the pattern high at 112.00, with the projected move based on the height of the flagpole.

A Bullish Pennant continuation signal has formed on the AUDJPY H1 chart. A long position may be considered above the pattern high at 111.59, with the projected move based on the height of the flagpole.

The Bullish Flag pattern has formed on the AUDJPY M5 chart. Its lower boundary passes through 111.50/111.46, while its upper boundary passes through 111.52/111.48. The projected flagpole height is 20 points. The formation indicates that the uptrend is likely to continue. A break above 111.52 would confirm further upward movement.

The 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 Double Top reversal pattern has formed on the AUDJPY M30 chart. Its upper boundary is at 111.47, its lower boundary is at 111.07, and its width is 40 points. A break below the lower boundary is likely to confirm further downward movement toward 110.77.