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

The technical pattern called Head and Shoulders has appeared on the chart of AUDCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.5655/0.5658 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.5643.

According to the chart of M15, AUDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5650 is likely to encourage a continuation of the downward trend.

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5668 and 0.5654 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 14 pips. Outlook: If the upper border 0.5668 is broken, the price is likely to continue its move by 0.5677.

The technical pattern called Head and Shoulders has appeared on the chart of AUDCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.5653/0.5654 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.5639.

According to the chart of M15, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5631/0.5614 whereas the lower border goes across 0.5601/0.5614. The pattern width is measured on the chart at 30 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5614 is broken, the price could continue its move toward 0.5637.

The Double Top pattern has been formed on AUDCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5598 is broken, the downward movement will continue.

According to the chart of M5, AUDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5589 is likely to encourage a continuation of the downward trend.

According to the chart of M30, AUDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5598, the lower border is 0.5589. The signal means that a short position should be opened after fixing a price below the lower border 0.5589 of the Bearish Rectangle.

According to the chart of M5, AUDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5589/0.5594 and upper border is 0.5599/0.5594. The pattern width is measured on the chart at -10 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDCHF breaches the lower border, the price could continue its move toward 0.5579.

According to the chart of M30, AUDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5598, the lower border is 0.5589. The signal means that a short position should be opened after fixing a price below the lower border 0.5589 of the Bearish Rectangle.