FX.co ★ EURCHF M30: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the EURCHF M30 chart. Its lower boundary passes through 0.9423/0.9435, while its upper boundary passes through 0.9445/0.9435. The pattern width is 22 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If EURCHF breaks below the lower boundary, the price could move toward 0.9405.