The AUDJPY has experienced a bullish breakout from a triangle pattern, surpassing resistance levels. The projected target is 97.9.

The trading configuration was spotted on AUDJPY. The AUDJPY price breached the resistance line of a Triangle pattern on March 13, 2024, at 5 AM, suggesting a potential upward price movement towards 97.9 over the following 19 hours.

The pattern’s overall visual quality is moderate. The uniformity rating is high, indicating the price movements have been fairly consistent throughout the pattern’s formation. The initial price trend before this trading configuration was formed was quite weak, seemingly originating from a volatile market. The trading configuration is distinct, with minimal noise during the shifts between support and resistance.