FX.co ★ USDCHF M5: Bullish Symmetrical Triangle

According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8899/0.8904 whereas the upper border goes across 0.8909/0.8904. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDCHF will breach the upper border to head for 0.8919.