FX.co ★ Patterns AUDUSD | Australian Dollar (AUD) to US Dollar (USD) Rate in the Forex market

The Triple Bottom pattern has formed on the chart of AUDUSD M5. The lower boundary is at 0.7125, while the upper boundary is at 0.7132/0.7131. The projected width is 7 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.7132 is broken, the price is likely to continue upward.

The Double Bottom pattern has formed on the AUDUSD M5 chart. Its upper boundary is at 0.7131, its lower boundary is at 0.7125, and its width is 6 points. A break above the upper boundary at 0.7131 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Triple Bottom pattern has formed on the AUDUSD M30 chart. It has the following characteristics: resistance at 0.7162; support at 0.7156; pattern width of 6 points. If the confirmation resistance at 0.7173 is broken, the price is likely to continue upward by at least 17 points.

The Triple Bottom pattern has formed on the chart of AUDUSD M15. The lower boundary is at 0.7156, while the upper boundary is at 0.7173/0.7162. The projected width is 17 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.7173 is broken, the price is likely to continue upward.

The Bearish Rectangle has formed on the AUDUSD M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 0.7160–0.7160 and its support zone is at 0.7156–0.7156. A break below support at 0.7156 is likely to signal a continuation of the bearish trend.

The Triple Bottom pattern has formed on the chart of AUDUSD M5. The lower boundary is at 0.7158, while the upper boundary is at 0.7170/0.7169. The projected width is 8 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.7170 is broken, the price is likely to continue upward.

The Bearish Symmetrical Triangle pattern has formed on the AUDUSD M15 chart. A break below the lower boundary at 0.7205 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 31 points.

The Bearish Symmetrical Triangle pattern has formed on the AUDUSD M5 chart. A break below the lower boundary at 0.7205 is likely to signal a continuation of the downtrend.

The Triple Top pattern has formed on the chart of the AUDUSD H1 trading instrument. It is a reversal pattern with resistance at 0.7225/0.7224, support at 0.7214/0.7218, and a width of 11 points. A break below the confirmation support at 0.7214 may signal further downward movement.

The Head and Shoulders pattern has formed on the AUDUSD M5 chart. The head high is at 0.7224, while the neckline passes through 0.7216/0.7216. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.