FX.co ★ Patterns USDCHF | US Dollar (USD) to Swiss Franc (CHF) Rate in the Forex market

The Double Top reversal pattern has formed on the USDCHF H1 chart. Its upper boundary is at 0.8127, its lower boundary is at 0.8115, and its width is 12 points. A break below the lower boundary is likely to confirm further downward movement toward 0.8075.

The Bullish Symmetrical Triangle pattern has formed on the USDCHF M5 chart. Its lower boundary passes through 0.8131/0.8138, while its upper boundary passes through 0.8146/0.8138. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, USDCHF is expected to break the upper boundary and move toward 0.8153.

The Double Top pattern has formed on the USDCHF M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.8128 is likely to confirm further downward movement.

The Double Top pattern has formed on the USDCHF M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.8110 is likely to confirm further downward movement.

The Head and Shoulders pattern has formed on the USDCHF H1 chart. The head high is at 0.7921, while the neckline passes through 0.7860/0.7864. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.

The Bullish Symmetrical Triangle pattern has formed on the USDCHF M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.8105/0.8099, while its lower boundary passes through 0.8094/0.8099. The pattern width is 11 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.8099 could send the price toward 0.8114.

The Bearish Symmetrical Triangle pattern has formed on the USDCHF M5 chart. A break below the lower boundary at 0.8093 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 14 points.

The Bullish Rectangle has formed on the USDCHF M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 0.8094 and its lower boundary is at 0.8077. A long position may be considered after the price breaks above the upper boundary at 0.8094 of the Bullish Rectangle.

The Triple Bottom pattern has formed on the chart of USDCHF M15. The lower boundary is at 0.8044, while the upper boundary is at 0.8059/0.8050. The projected width is 20 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.8059 is broken, the price is likely to continue upward.

The Bearish Symmetrical Triangle pattern has formed on the USDCHF M5 chart. Its lower boundary passes through 0.8039/0.8047, while its upper boundary passes through 0.8053/0.8047. The pattern width is 14 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If USDCHF breaks below the lower boundary, the price could move toward 0.8032.