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AUD/USD: confirmed 'Triple Bottom' pattern

AUD/USD: confirmed 'Triple Bottom' pattern

Information is not investment advice

There's a 'Triple Bottom' pattern, which has been confirmed, so the price is rising. It's likely that the pair is going to reach the previously tested resistance at 0.7167. If a pullback from this level happens next and there's any bearish pattern, bears will probably try to test the Moving Averages once again.

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USD/CHF may rise a bit

USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.

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