FX.co ★ NZDCAD M30: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the NZDCAD M30 chart. Its lower boundary passes through 0.7984/0.7999, while its upper boundary passes through 0.8011/0.7999. The pattern width is 27 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If NZDCAD breaks below the lower boundary, the price could move toward 0.7969.