logo

FX.co ★ AUDCHF M30: Bullish Symmetrical Triangle

AUDCHF M30: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M30, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5578/0.5595 whereas the upper border goes across 0.5615/0.5595. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCHF will breach the upper border to head for 0.5625.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph