FX.co ★ EURJPY M5: Bullish Symmetrical Triangle

According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 161.78 and 161.37 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 41 pips. Outlook: If the upper border 161.78 is broken, the price is likely to continue its move by 161.72.