FX.co ★ AUDCAD M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the AUDCAD M5 chart. Its lower boundary passes through 0.9963/0.9971, while its upper boundary passes through 0.9978/0.9971. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, AUDCAD is expected to break the upper boundary and move toward 0.9986.