According to the chart of M30, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8050/0.8067 whereas the upper border goes across 0.8090/0.8067. 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 0.8097. FX.co ★ USDCHF M30: Bullish Symmetrical Triangle
Signal strength 3 of 5
USDCHF M30: Bullish Symmetrical Triangle
According to the chart of M30, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8050/0.8067 whereas the upper border goes across 0.8090/0.8067. 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 0.8097. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade