FX.co ★ AUDUSD M5: Triple Bottom

The Triple Bottom pattern has been formed on AUDUSD M5. It has the following characteristics: resistance level 0.6423/0.6417; support level 0.6409/0.6409; the width is 14 points. In the event of a breakdown of the resistance level of 0.6423, the price is likely to continue an upward movement at least to 0.6425.