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Bearish Symmetrical Triangle
was formed on 21.03 at 10:30:41 (UTC+0)
signal strength 3 of 5

Bearish Symmetrical Triangle AUDUSD M30

According to the chart of M30, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6272/0.6294 and upper border is 0.6310/0.6294. The pattern width is measured on the chart at -38 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 AUDUSD breaches the lower border, the price could continue its move toward 0.6264.

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