FX.co ★ EURJPY M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. Its lower boundary passes through 185.47/185.64, while its upper boundary passes through 185.82/185.64. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, EURJPY is expected to break the upper boundary and move toward 185.79.