was formed on 02.06 at 06:43:05 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 92.61 - 0.00 and support 92.50 – 92.50. In case the resistance level 92.50 - 92.50 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
