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FX.co ★ USDCAD M30: Bullish Symmetrical Triangle

USDCAD M30: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M30, USDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3552/1.3578 whereas the upper border goes across 1.3604/1.3578. 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 USDCAD will breach the upper border to head for 1.3608.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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