FX.co ★ AUDUSD M30: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the AUDUSD M30 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.7181/0.7169, while its lower boundary passes through 0.7159/0.7169. The pattern width is 22 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.7169 could send the price toward 0.7199.