FX.co ★ USDJPY M15: Bullish Symmetrical Triangle

According to the chart of M15, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 156.72/157.10 whereas the upper border goes across 157.40/157.10. 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 157.32.