FX.co ★ EURJPY M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 181.91 and 181.38, respectively. The pattern width is 53 points. If the price breaks above the upper boundary at 181.91, it is likely to move toward 181.82.