FX.co ★ AUDCHF H1: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the AUDCHF H1 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.5803/0.5795, while its lower boundary passes through 0.5785/0.5795. The pattern width is 18 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.5795 could send the price toward 0.5835.