FX.co ★ EURJPY H1: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the EURJPY H1 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 177.89 and 177.07, respectively. The pattern width is 82 points. If the price breaks above the upper boundary at 177.89, it is likely to move toward 177.94.