FX.co ★ EURNZD M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the EURNZD M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 1.9920 and 1.9887, respectively. The pattern width is 33 points. If the price breaks above the upper boundary at 1.9920, it is likely to move toward 1.9919.