AUD/JPY is moving up inside the Up Channel chart pattern identified on the 30-minute chart. Autochartist rates the Quality of this chart pattern at the 6 bar level as a result of the low Initial Trend (rated at the 2 bar level), above-average Uniformity (measured at the 7 bar level) and maximum Clarity (10 bars). Significant Uniformity and Clarity of this chart pattern describe a well formed chart pattern developing smoothly in accordance with the prevailing uptrend visible on the longer-term daily charts. The price has recently reversed up from the lower support trendline of this chart pattern and is expected to ... (full story)