FX.co ★ Patterns AUDCAD | Australian Dollar (AUD) to Canadian Dollar (CAD) Rate in the Forex market

The Bullish Symmetrical Triangle pattern has formed on the AUDCAD M5 chart. Its lower boundary passes through 0.9963/0.9971, while its upper boundary passes through 0.9978/0.9971. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, AUDCAD is expected to break the upper boundary and move toward 0.9986.

The Triple Top pattern has formed on the chart of AUDCAD M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 0.9932 may confirm the bearish scenario. The projected peak-to-trough width is 9 points.

The Double Top reversal pattern has formed on the AUDCAD M15 chart. Its upper boundary is at 0.9943, its lower boundary is at 0.9934, and its width is 9 points. A short position may be considered below the lower boundary at 0.9934, with a potential target at 0.9912.

The Double Top reversal pattern has formed on the AUDCAD M5 chart. Its upper boundary is at 0.9943, its lower boundary is at 0.9934, and its width is 9 points. A short position may be considered below the lower boundary at 0.9934, with a potential target at 0.9919.

The Double Top reversal pattern has formed on the AUDCAD M30 chart. Its upper boundary is at 0.9934, its lower boundary is at 0.9907, and its width is 27 points. A break below the lower boundary is likely to confirm further downward movement toward 0.9877.

The Triple Top pattern has formed on the chart of the AUDCAD H1 trading instrument. It is a reversal pattern with resistance at 0.9975/0.9974, support at 0.9956/0.9957, and a width of 19 points. A break below the confirmation support at 0.9956 may signal further downward movement.

The Head and Shoulders pattern has formed on the AUDCAD M15 chart. After the right shoulder forms, a break below the lower of the neckline anchors at 0.9961/0.9961 may confirm the bearish reversal.

The Bullish Symmetrical Triangle pattern has formed on the AUDCAD M15 chart. Its lower boundary passes through 0.9887/0.9903, while its upper boundary passes through 0.9918/0.9903. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, AUDCAD is expected to break the upper boundary and move toward 0.9926.

The Bullish Rectangle has formed on the AUDCAD M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 0.9908 and its support is at 0.9901. A breakout above the resistance zone at 0.9908–0.9908 is likely to signal a continuation of the bullish trend.

The Triple Top reversal pattern has formed on the AUDCAD M5 chart. Its upper boundary is at 0.9907/0.9908, its lower boundary is at 0.9901/0.9903, and its current width is 5 points. If the confirmation support at 0.9901 is broken, that width can be used to project the downward move.