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

The Double Top pattern has formed on the AUDJPY M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 109.23 is likely to confirm further downward movement.

The Triple Bottom pattern has formed on the AUDJPY M15 chart. It has the following characteristics: resistance at 110.01; support at 109.83; pattern width of 18 points. If the confirmation resistance at 110.09 is broken, the price is likely to continue upward by at least 27 points.

The Triple Bottom pattern has formed on the AUDJPY M5 chart. A break above the confirmation resistance at 110.09 may signal a reversal from a downtrend to an uptrend.

The Double Bottom pattern has formed on the AUDJPY M30 chart. Its upper boundary is at 110.56, its lower boundary is at 110.18, and its width is 37 points. A break above the upper boundary at 110.56 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

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 111.07. The projected move is based on the pattern width of 11 points.

The Double Bottom pattern has formed on the AUDJPY M15 chart. Its upper boundary is at 112.08, its lower boundary is at 111.66, and its width is 42 points. A break above the upper boundary at 112.08 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Bullish Symmetrical Triangle pattern has formed on the AUDJPY M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 111.81 and 111.43, respectively. The pattern width is 38 points. If the price breaks above the upper boundary at 111.81, it is likely to move toward 111.79.

The Bullish Rectangle has formed on the AUDJPY M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 111.83 and its lower boundary is at 111.70. A long position may be considered after the price breaks above the upper boundary at 111.83 of the Bullish Rectangle.

The Double Top pattern has formed on the AUDJPY M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 111.70 is likely to confirm further downward movement.

The Bearish Symmetrical Triangle pattern has formed on the AUDJPY M5 chart. Its lower boundary passes through 112.11/112.17, while its upper boundary passes through 112.23/112.17. The pattern width is 12 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If AUDJPY breaks below the lower boundary, the price could move toward 112.02.