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

The Triple Bottom pattern has formed on the AUDJPY M5 chart. It has the following characteristics: resistance at 110.48; support at 110.41; pattern width of 7 points. If the confirmation resistance at 110.52 is broken, the price is likely to continue upward by at least 12 points.

The Double Bottom pattern has formed on the AUDJPY M5 chart. Its upper boundary is at 110.39, its lower boundary is at 110.02, and its width is 36 points. A break above the upper boundary at 110.39 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 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.

The Triple Top pattern has formed on the chart of AUDJPY M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 110.02 may confirm the bearish scenario. The projected peak-to-trough width is 12 points.

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

The Bearish Flag pattern has formed on the AUDJPY M5 chart. Its lower boundary passes through 109.86/110.00, while its upper boundary passes through 109.98/110.12. The projected flagpole height is 31 points. The formation indicates that the downtrend is likely to continue. A break below 109.86 would confirm further downward movement.

The Bearish Pennant pattern has formed on the AUDJPY M5 chart and signals a potential continuation of the existing trend. The pattern low is at 109.86, and the projected flagpole height is 31 points. If the price breaks below the pattern low at 109.86, the downtrend is expected to continue toward 109.71.

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 110.47 is likely to confirm further downward movement.

The Triple Bottom pattern has formed on the AUDJPY M5 chart. A break above the confirmation resistance at 110.53 may signal a reversal from a downtrend to an uptrend.

The Double Bottom pattern has formed on the AUDJPY M30 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 110.97. The projected move is based on the pattern width of 37 points.