FX.co ★ USDJPY M30: Bullish Symmetrical Triangle

According to the chart of M30, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 156.96/157.12 whereas the upper border goes across 157.28/157.12. 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 USDJPY will breach the upper border to head for 157.42.