AUD/JPY 1H Chart: Double Bottom

This currency pair has just met a considerable resistance, which is represented by the pattern's upper boundary at 85. At the moment it seems that the trend is reversing back to the south, meaning that both weekly pivot point and daily R1 at 84.73 failed to provide the Aussie with enough bullish impetus. The closest demand to meet is located within 30 pips from the spot price at 84.19/15. A failure here may trigger losses down to the weekly S1 and pattern's lows at 83. Meanwhile, there is no unanimity among technical indicators on different time frames, with 1H and 4H ones pointing upwards and daily ones giving bearish signals. 74% of SWFX traders, however, are bullish at the moment.