FX.co ★ USDCAD M30: Bullish Symmetrical Triangle
Signal strength 3 of 5
USDCAD M30: Bullish Symmetrical Triangle
According 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