FX.co ★ AUDJPY M15: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the AUDJPY M15 chart, signaling a likely continuation of the trend. Its upper boundary passes through 110.27/110.12, while its lower boundary passes through 109.90/110.12. The pattern width is 37 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 110.12 could send the price toward 110.35.