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

On the chart of the AUDCHF M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 0.5589, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 12 points.

According to the chart of M5, AUDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5564/0.5570 and upper border is 0.5575/0.5570. The pattern width is measured on the chart at -11 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDCHF breaches the lower border, the price could continue its move toward 0.5555.

The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5529; the lower boundary is 0.5509. The width of the pattern is 20 points. In case of a break of the upper boundary 0.5529, 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.

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5481/0.5487 whereas the upper border goes across 0.5494/0.5487. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCHF will breach the upper border to head for 0.5502.

The Double Top pattern has been formed on AUDCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5558 is broken, the downward movement will continue.

The Double Top pattern has been formed on AUDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5558 is broken, the downward movement will continue.

The Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.5582; the lower boundary 0.5558; the width of the pattern is 24 points. Sell trades are better to be opened below the lower boundary 0.5558 with a possible movements towards the 0.5543 level.

The Double Top reversal pattern has been formed on AUDCHF M30. Characteristics: the upper boundary 0.5582; the lower boundary 0.5563; the width of the pattern is 19 points. Sell trades are better to be opened below the lower boundary 0.5563 with a possible movements towards the 0.5533 level.

The Double Top reversal pattern has been formed on AUDCHF M15. Characteristics: the upper boundary 0.5580; the lower boundary 0.5563; the width of the pattern is 19 points. Sell trades are better to be opened below the lower boundary 0.5563 with a possible movements towards the 0.5541 level.

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5544/0.5553 whereas the upper border goes across 0.5560/0.5553. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCHF will breach the upper border to head for 0.5568.