FX.co ★ AUDJPY M15: Bullish Symmetrical Triangle

According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 100.58/100.71 whereas the upper border goes across 100.90/100.71. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDJPY will breach the upper border to head for 100.93.