FX.co ★ USDCAD M30: Bearish Symmetrical Triangle

According to the chart of M30, USDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3386/1.3431 and upper border is 1.3488/1.3431. The pattern width is measured on the chart at -102 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDCAD breaches the lower border, the price could continue its move toward 1.3401.