The Head and Shoulders pattern has formed on the AUDJPY M30 chart. The head high is at 111.29, while the neckline passes through 110.88/110.88. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal. FX.co ★ AUDJPY M30: Head and Shoulders
Signal strength 3 of 5
AUDJPY M30: Head and Shoulders
The Head and Shoulders pattern has formed on the AUDJPY M30 chart. The head high is at 111.29, while the neckline passes through 110.88/110.88. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade