FX.co ★ AUDCHF M15: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the AUDCHF M15 chart. Its lower boundary passes through 0.5799/0.5822, while its upper boundary passes through 0.5840/0.5822. The pattern width is 41 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If AUDCHF breaks below the lower boundary, the price could move toward 0.5799.