{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/aud-jpy-symmetrical-triangle\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/aud-jpy-symmetrical-triangle\/","headline":"AUD\/JPY Symmetrical Triangle!","name":"AUD\/JPY Symmetrical Triangle!","description":"AUD\/JPY moves somehow sideways in the short term. It\u2019s located below the immediate dynamic resistance, under the downtrend line. Technically, it’s still expected to increase as the Japanese stock index, the Nikkei, continues to increase. JP225 price action signaled further growth. The Yen could depreciate versus its rivals if the index approaches and reaches new […]","datePublished":"2021-08-11","dateModified":"2021-08-11","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/#Person","name":"Olimpiu Tuns","url":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/","identifier":19876,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/08\/AUDJPY_2021-08-11_11-31-02.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/08\/AUDJPY_2021-08-11_11-31-02.png","height":851,"width":1834},"url":"https:\/\/forexschoolonline.com\/aud-jpy-symmetrical-triangle\/","about":["AUD\/JPY"],"wordCount":176,"keywords":["audjpy","technica analysis","Trade Setup"],"articleBody":"AUD\/JPY moves somehow sideways in the short term. It\u2019s located below the immediate dynamic resistance, under the downtrend line. Technically, it’s still expected to increase as the Japanese stock index, the Nikkei, continues to increase.JP225 price action signaled further growth. The Yen could depreciate versus its rivals if the index approaches and reaches new highs.AUD\/JPY Technical Analysis!Escaping from the minor channel\u2019s body and stabilizing above the weekly pivot point (80.863) may signal a potential growth. Still, only a valid breakout through the downtrend line, above the triangle\u2019s resistance could activate a bullish momentum.Making a new higher high could validate further growth. Technically, AUD\/JPY was somehow expected to increase after retesting the lower median line (lml). A larger upwards movement will be confirmed by a valid breakout through the ascending pitchfork\u2019s median line (ml). Note: ForexSchoolOnline is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results."}