
According to the chart of M30, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5415/1.5608 whereas the upper border goes across 1.5743/1.5608. 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 EURCAD will breach the upper border to head for 1.5638.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade