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

The Double Bottom pattern has been formed on AUDCHF M15. Characteristics: the support level 0.5170; the resistance level 0.5177; the width of the pattern 7 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 7 points.

The Double Bottom pattern has been formed on AUDCHF M15. Characteristics: the support level 0.5176; the resistance level 0.5181; the width of the pattern 5 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 5 points.

The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5184; the lower boundary is 0.5178. The width of the pattern is 6 points. In case of a break of the upper boundary 0.5184, 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.

The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5182; the resistance level 0.5187; the width of the pattern 5 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 5 points.

The Triple Bottom pattern has formed on the chart of AUDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5168 with the upper limit 0.5168/0.5158, the projection of the width is 16 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.5152, the price is most likely to continue the upward movement.

The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5168; the lower boundary is 0.5151. The width of the pattern is 16 points. In case of a break of the upper boundary 0.5168, 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 M15, AUDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5174, the lower border is 0.5160. The signal means that a long position should be opened above the upper border 0.5174 of the Bullish Rectangle.

According to the chart of M5, AUDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5174, the lower border is 0.5160. The signal means that a long position should be opened above the upper border 0.5174 of the Bullish Rectangle.

According to the chart of M5, AUDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5140 – 0.5140 and upper border 0.5149 – 0.5149. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Triple Top pattern has formed on the chart of the AUDCHF H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -17, and pattern’s width 28. Forecast If the price breaks through the support level 0.5140, it is likely to move further down to 0.5124.