FX.co ★ USDCAD H1: Bullish Symmetrical Triangle

According to the chart of H1, USDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.4320/1.4404 whereas the upper border goes across 1.4465/1.4404. 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 USDCAD will breach the upper border to head for 1.4444.