FX.co ★ Patterns AUDUSD | Australian Dollar (AUD) to US Dollar (USD) Rate in the Forex market

The Bullish Rectangle has formed on the AUDUSD M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.7108–0.7108 and the upper boundary at 0.7115–0.7115. A breakout above the upper boundary is likely to signal a continuation of the uptrend.

The Double Bottom pattern has formed on the AUDUSD M5 chart. Its upper boundary is at 0.7102, its lower boundary is at 0.7096, and its width is 6 points. A break above the upper boundary at 0.7102 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Bullish Rectangle has formed on the AUDUSD M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 0.7127 and its lower boundary is at 0.7108. A long position may be considered after the price breaks above the upper boundary at 0.7127 of the Bullish Rectangle.

The Triple Top pattern has formed on the chart of AUDUSD M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 0.7061 may confirm the bearish scenario. The projected peak-to-trough width is 7 points.

The Double Top pattern has formed on the AUDUSD M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.7040 is likely to confirm further downward movement.

The Bullish Pennant pattern has formed on the AUDUSD M30 chart. This is a continuation pattern. If the price closes above the pennant high at 0.7047, the uptrend is likely to continue.

The Bullish Pennant pattern has formed on the AUDUSD M15 chart. This is a continuation pattern. If the price closes above the pennant high at 0.7049, the uptrend is likely to continue.

The Double Top reversal pattern has formed on the AUDUSD M5 chart. Its upper boundary is at 0.7043, its lower boundary is at 0.7034, and its width is 9 points. A break below the lower boundary is likely to confirm further downward movement toward 0.7019.

The Double Top reversal pattern has formed on the AUDUSD M30 chart. Its upper boundary is at 0.7043, its lower boundary is at 0.6992, and its width is 51 points. A break below the lower boundary is likely to confirm further downward movement toward 0.6962.

The Double Top pattern has formed on the AUDUSD M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.6992 is likely to confirm further downward movement.