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was formed on 04.07 at 14:09:04 (UTC+0)
signal strength 2 of 5
Bearish Rectangle AUDJPY M15

According to the chart of M15, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.65 - 0.00 and support 94.51 – 94.51. In case the resistance level 94.51 - 94.51 is broken, the instrument is likely to follow the bearish trend.

The M5 and M15 time frames may have more false entry points.

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