FX.co ★ USDJPY H1: Bullish Symmetrical Triangle

According to the chart of H1, USDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 160.60 and 159.51 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 109 pips. Outlook: If the upper border 160.60 is broken, the price is likely to continue its move by 160.36.