FX.co ★ AUDUSD M30: Bullish Symmetrical Triangle

According to the chart of M30, AUDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.7102/0.7128 whereas the upper border goes across 0.7148/0.7128. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDUSD will breach the upper border to head for 0.7158.