FX.co ★ USDJPY M15: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the USDJPY M15 chart. Its lower boundary passes through 158.27/159.84, while its upper boundary passes through 160.89/159.84. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, USDJPY is expected to break the upper boundary and move toward 160.07.