FX.co ★ AUDJPY H1: Bearish Rectangle
Signal strength 4 of 5
AUDJPY H1: Bearish Rectangle
According to the chart of H1, AUDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 97.97, the lower border is 97.30. The signal means that a short position should be opened after fixing a price below the lower border 97.30 of the Bearish Rectangle.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade