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The Triple Bottom pattern has formed on the chart of the EURCHF M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.9264/0.9250.

The Triple Bottom pattern has been formed on EURCHF M5. It has the following characteristics: resistance level 0.9264/0.9239; support level 0.9237/0.9233; the width is 27 points. In the event of a breakdown of the resistance level of 0.9264, the price is likely to continue an upward movement at least to 0.9247.

On the chart of EURCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9351; the lower boundary 0.9322; the width of the pattern 29 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9299 level.

The technical pattern called Head and Shoulders has appeared on the chart of EURCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.9325/0.9326 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.9311.

The Bullish pennant pattern is formed on the EURCHF M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.9270, a further uptrend is possible.

The Triple Bottom pattern has been formed on EURCHF M15. It has the following characteristics: resistance level 0.9265/0.9253; support level 0.9232/0.9232; the width is 33 points. In the event of a breakdown of the resistance level of 0.9265, the price is likely to continue an upward movement at least to 0.9245.

According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9249/0.9270 whereas the upper border goes across 0.9286/0.9270. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURCHF will breach the upper border to head for 0.9285.

According to the chart of M5, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9219 – 0.9219 and upper border 0.9239 – 0.9239. In case the lower border is broken, the instrument is likely to follow the downward trend.

According to the chart of M5, EURCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9262 - 0.0000 and support 0.9244 – 0.9244. In case the resistance level 0.9244 - 0.9244 is broken, the instrument is likely to follow the bearish trend.

According to the chart of M15, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9287 – 0.9287 and upper border 0.9333 – 0.9333. In case the lower border is broken, the instrument is likely to follow the downward trend.