FX.co ★ AUDUSD M5: Bullish Symmetrical Triangle

According to the chart of M5, AUDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.7046 and 0.7022 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 24 pips. Outlook: If the upper border 0.7046 is broken, the price is likely to continue its move by 0.7048.