FX.co ★ AUDJPY M30: Triple Bottom

The Triple Bottom pattern has formed on the chart of AUDJPY M30. Features of the pattern: The lower line of the pattern has coordinates 102.50 with the upper limit 102.50/102.23, the projection of the width is 44 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 102.06, the price is most likely to continue the upward movement.