FX.co ★ AUDCHF D1: Triple Top

The Triple Top pattern has formed on the chart of the AUDCHF D1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5242/0.5332 with the upper limit 0.5368/0.5387; the projection of the width is 126 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.5242, the price is most likely to continue the downward movement.