FX.co ★ EURUSD M30: Bearish Symmetrical Triangle

According to the chart of M30, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0821/1.0888 and upper border is 1.0974/1.0888. The pattern width is measured on the chart at -153 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 EURUSD breaches the lower border, the price could continue its move toward 1.0858.