NZDCHF M5 Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the NZDCHF M5 chart. Its lower boundary passes through 0.4682/0.4699, while its upper boundary passes through 0.4718/0.4699. The pattern width is 36 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If NZDCHF breaks below the lower boundary, the price could move toward 0.4684.