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 0.8233/0.8249 whereas the upper border goes across 0.8264/0.8249. 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 0.8264.