FX.co ★ Patterns AUDCHF | Australian Dollar (AUD) to Swiss Franc (CHF) Rate in the Forex market

The Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.5766; the lower boundary 0.5757; the width of the pattern is 9 points. Sell trades are better to be opened below the lower boundary 0.5757 with a possible movements towards the 0.5742 level.

The Double Top reversal pattern has been formed on AUDCHF M30. Characteristics: the upper boundary 0.5760; the lower boundary 0.5746; the width of the pattern is 13 points. Sell trades are better to be opened below the lower boundary 0.5746 with a possible movements towards the 0.5716 level.

According to the chart of M5, AUDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5738 is likely to encourage a continuation of the downward trend.

The Triple Top pattern has formed on the chart of the AUDCHF M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -1, and pattern’s width 5. Forecast If the price breaks through the support level 0.5745, it is likely to move further down to 0.5737.

The Bullish pennant signal – Trading instrument AUDCHF M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.5750, with the prospect of the next move being a projection of the flagpole height.

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5752/0.5744 whereas the lower border goes across 0.5734/0.5744. The pattern width is measured on the chart at 18 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5744 is broken, the price could continue its move toward 0.5759.

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5752 and 0.5734 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 18 pips. Outlook: If the upper border 0.5752 is broken, the price is likely to continue its move by 0.5759.

The Double Top pattern has been formed on AUDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5751 is broken, the downward movement will continue.

According to M15, AUDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.5749/0.5752 is broken out, the instrument is likely to move toward 0.5774.

The Double Bottom pattern has been formed on AUDCHF H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.5754 is broken. The further movements will rely on the width of the current pattern 22 points.