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was formed on 07.01 at 20:38:18 (UTC+0)
signal strength 1 of 5
Bearish Rectangle AUDCHF M5

According to the chart of M5, AUDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5671 - 0.0000 and support 0.5664 – 0.5664. In case the resistance level 0.5664 - 0.5664 is broken, the instrument is likely to follow the bearish trend.

The M5 and M15 time frames may have more false entry points.

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