FX.co ★ AUDCHF H1: Bullish Symmetrical Triangle

According to the chart of H1, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5405/0.5448 whereas the upper border goes across 0.5478/0.5448. 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 0.5488.