FX.co ★ USDCHF M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the USDCHF M5 chart. Its lower boundary passes through 0.8131/0.8138, while its upper boundary passes through 0.8146/0.8138. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, USDCHF is expected to break the upper boundary and move toward 0.8153.