FX.co ★ NZDCHF M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the NZDCHF M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.4699/0.4692, while its lower boundary passes through 0.4685/0.4692. The pattern width is 14 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.4692 could send the price toward 0.4707.