was formed on 05.11 at 16:00:05 (UTC+0)
signal strength 4 of 5
signal strength 4 of 5
According to the chart of H1, AUDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 98.77 while the median line of the Neck is set at 99.73/99.75. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of AUDJPY will go towards 100.15.
Figure
Instrument
Timeframe
Trend
Signal Strength
