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According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9155/0.9166 whereas the upper border goes across 0.9181/0.9166. 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 AUDCAD will breach the upper border to head for 0.9189.

According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9153/0.9169 whereas the upper border goes across 0.9181/0.9169. 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 AUDCAD will breach the upper border to head for 0.9191.

According to the chart of M5, AUDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9163 - 0.0000 and support 0.9157 – 0.9157. In case the resistance level 0.9157 - 0.9157 is broken, the instrument is likely to follow the bearish trend.

The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.9157; the resistance level 0.9163; the width of the pattern 6 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 6 points.

The technical pattern called Head and Shoulders has appeared on the chart of AUDCAD H1. There are weighty reasons to suggest that the price will surpass the Neckline 0.9164/0.9163 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.9123.

According to the chart of M30, AUDCAD formed the Head and Shoulders pattern. The Head’s top is set at 0.9184 while the median line of the Neck is found at 0.9164/0.9163. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of AUDCAD will go towards 0.9133.

The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.9173; the lower boundary 0.9164; the width of the pattern is 9 points. Sell trades are better to be opened below the lower boundary 0.9164 with a possible movements towards the 0.9149 level.

On the chart of AUDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9175; the lower boundary 0.9151; the width of the pattern 24 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9129 level.

The Double Top reversal pattern has been formed on AUDCAD M15. Characteristics: the upper boundary 0.9156; the lower boundary 0.9144; the width of the pattern is 13 points. Sell trades are better to be opened below the lower boundary 0.9144 with a possible movements towards the 0.9122 level.

According to the chart of H1, AUDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.9136 – 0.9136 and upper border 0.9149 – 0.9149. In case the upper border is broken, the instrument is likely to follow the upward trend.