FX.co ★ EURNZD M15: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the EURNZD M15 chart, signaling a likely continuation of the trend. Its upper boundary passes through 1.9949/1.9914, while its lower boundary passes through 1.9875/1.9914. The pattern width is 74 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 1.9914 could send the price toward 1.9936.