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

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5928 and 0.5921 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 7 pips. Outlook: If the upper border 0.5928 is broken, the price is likely to continue its move by 0.5939.

The Triple Bottom pattern has formed on the chart of the AUDCHF M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.5911/0.5909.

The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5924; the lower boundary is 0.5914. The width of the pattern is 11 points. In case of a break of the upper boundary 0.5924, 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 technical pattern called Head and Shoulders has appeared on the chart of AUDCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.5940/0.5941 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.5926.

The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5910; the lower boundary is 0.5905. The width of the pattern is 5 points. In case of a break of the upper boundary 0.5910, 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 Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5920/0.5930 and upper border is 0.5943/0.5930. The pattern width is measured on the chart at -23 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 0.5915.

The Triple Bottom pattern has formed on the chart of the AUDCHF H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.6029/0.6010.

The Double Bottom pattern has been formed on AUDCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.6000 is broken. The further movements will rely on the width of the current pattern 16 points.

The Triple Bottom pattern has formed on the chart of the AUDCHF M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.6029/0.6010.

The Double Bottom pattern has been formed on AUDCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.6010 is broken. The further movements will rely on the width of the current pattern 22 points.