FX.co ★ EURJPY H1: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the EURJPY H1 chart, signaling a likely continuation of the trend. Its upper boundary passes through 177.93/177.24, while its lower boundary passes through 176.43/177.24. The pattern width is 150 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 177.24 could send the price toward 177.64.