FX.co ★ EURCAD M15: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the EURCAD M15 chart. Its lower boundary passes through 1.6027/1.6047, while its upper boundary passes through 1.6076/1.6047. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, EURCAD is expected to break the upper boundary and move toward 1.6070.