FX.co ★ AUDCHF M30: Triple Top

The Triple Top pattern has formed on the chart of the AUDCHF M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5526/0.5532 with the upper limit 0.5547/0.5550; the projection of the width is 21 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.5526, the price is most likely to continue the downward movement.