FX.co ★ NZDCAD M5: Bullish Symmetrical Triangle

According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8296/0.8301 whereas the upper border goes across 0.8306/0.8301. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDCAD will breach the upper border to head for 0.8316.