FX.co ★ NZDCAD M30: Bearish Symmetrical Triangle

According to the chart of M30, NZDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8279/0.8300 and upper border is 0.8330/0.8300. The pattern width is measured on the chart at -51 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDCAD breaches the lower border, the price could continue its move toward 0.8270.