According to the chart of M15, AUDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9612/0.9629 and upper border is 0.9651/0.9629. The pattern width is measured on the chart at -39 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 AUDCAD breaches the lower border, the price could continue its move toward 0.9607.