According to the chart of M5, AUDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5564/0.5570 and upper border is 0.5575/0.5570. The pattern width is measured on the chart at -11 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 AUDCHF breaches the lower border, the price could continue its move toward 0.5555.