FX.co ★ AUDCHF M15: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the AUDCHF M15 chart. Its lower boundary passes through 0.5793/0.5813, while its upper boundary passes through 0.5829/0.5813. The pattern width is 36 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If AUDCHF breaks below the lower boundary, the price could move toward 0.5791.