AUDJPY 86.72 – neutral – Forms a 4-day symmetrical triangle

FX:AUDJPY   Australian Dollar / Japanese Yen
4 0 1
AUDJPY             86.72 – neutral – Forms a 4-day symmetrical triangle

AUDJPY             is forming a 4-day symmetrical triangle (as shown on the daily chart ). An upside break above 87.50 (October 15, 2015 high) would signal return of strength and firm for 88.61 (October 12, 2015 high). Clearance above there would accelerate the current 3-week rally towards 90.13 (76.4% of the 92.68/81.96 fall). However, a downside push below 86.08 (October 14, 2015 low) would suggest a bearish continuation pattern is in place, extending the correction from 88.61 towards 85.81 (October 8, 2015 low, near 50% of the 82.81/88.61 rise) where support may come in to contain the pullback.
Intraday: neutral
Daily: neutral
Weekly: neutral
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out