According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.7049/0.7064 and upper border is 0.7076/0.7064. The pattern width is measured on the chart at -27 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDUSD breaches the lower border, the price could continue its move toward 0.7049.