FX.co ★ NZDJPY M15: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the NZDJPY M15 chart. Its lower boundary passes through 88.59/89.06, while its upper boundary passes through 89.48/89.06. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, NZDJPY is expected to break the upper boundary and move toward 89.29.