FX.co ★ AUDCHF M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the AUDCHF M5 chart. Its lower boundary passes through 0.5791/0.5798, while its upper boundary passes through 0.5804/0.5798. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, AUDCHF is expected to break the upper boundary and move toward 0.5813.