FX.co ★ NZDCHF D1: Bullish Symmetrical Triangle

According to the chart of D1, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5056/0.5201 whereas the upper border goes across 0.5379/0.5201. 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 NZDCHF will breach the upper border to head for 0.5241.