According to the chart of M5, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5387 and support 0.5379. In case the resistance level 0.5387 - 0.5387 is broken, the instrument is likely to follow the bullish trend. The M5 and M15 time frames may have more false entry points.