FX.co ★ EURJPY M30: Bearish Symmetrical Triangle

According to the chart of M30, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 185.45/185.71 and upper border is 185.92/185.71. The pattern width is measured on the chart at -47 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 EURJPY breaches the lower border, the price could continue its move toward 185.41.