FX.co ★ Patterns AUDCHF | Australian Dollar (AUD) to Swiss Franc (CHF) Rate in the Forex market

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5582/0.5571 whereas the lower border goes across 0.5559/0.5571. The pattern width is measured on the chart at 23 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5571 is broken, the price could continue its move toward 0.5586.

According to M5, AUDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.5564/0.5561 is broken out, the instrument is likely to move toward 0.5576.

According to the chart of M5, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5617 and support 0.5609. In case the resistance level 0.5617 - 0.5617 is broken, the instrument is likely to follow the bullish trend.

The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5603; the lower boundary is 0.5596. The width of the pattern is 7 points. In case of a break of the upper boundary 0.5603, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Triple Bottom pattern has formed on the chart of the AUDCHF M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.5589/0.5585.

The Triple Bottom pattern has formed on the chart of the AUDCHF M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.5613/0.5611.

The Double Bottom pattern has been formed on AUDCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.5611 is broken. The further movements will rely on the width of the current pattern 5 points.

The Triple Bottom pattern has been formed on AUDCHF M5. It has the following characteristics: resistance level 0.5627/0.5624; support level 0.5614/0.5616; the width is 13 points. In the event of a breakdown of the resistance level of 0.5627, the price is likely to continue an upward movement at least to 0.5630.

The Double Bottom pattern has been formed on AUDCHF H1. Characteristics: the support level 0.5630; the resistance level 0.5654; the width of the pattern 24 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 23 points.

The Double Bottom pattern has been formed on AUDCHF M30; the upper boundary is 0.5654; the lower boundary is 0.5631. The width of the pattern is 24 points. In case of a break of the upper boundary 0.5654, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.