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

The Triple Top pattern has formed on the chart of the AUDUSD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.6907/0.6908 with the upper limit 0.6933/0.6928; the projection of the width is 26 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.6907, the price is most likely to continue the downward movement.

The Bullish pennant graphic pattern has formed on the AUDUSD H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 0.6979.

The Bullish pennant pattern is formed on the AUDUSD M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.6924, a further uptrend is possible.

According to the chart of M30, AUDUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6855, the lower border is 0.6835. The signal means that a long position should be opened above the upper border 0.6855 of the Bullish Rectangle.

According to the chart of H1, AUDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6855 and support 0.6835. In case the resistance level 0.6855 - 0.6855 is broken, the instrument is likely to follow the bullish trend.

The Double Top reversal pattern has been formed on AUDUSD H1. Characteristics: the upper boundary 0.6854; the lower boundary 0.6836; the width of the pattern is 19 points. Sell trades are better to be opened below the lower boundary 0.6836 with a possible movements towards the 0.6796 level.

The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6836 is broken, the downward movement will continue.

According to the chart of M15, AUDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.6845 and 0.6836 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 9 pips. Outlook: If the upper border 0.6845 is broken, the price is likely to continue its move by 0.6863.

According to the chart of M15, AUDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6845 and support 0.6837. In case the resistance level 0.6845 - 0.6845 is broken, the instrument is likely to follow the bullish trend.

According to the chart of M30, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6845/0.6841 whereas the lower border goes across 0.6836/0.6841. The pattern width is measured on the chart at 9 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6841 is broken, the price could continue its move toward 0.6871.