FX.co ★ EURJPY M5: Bullish Symmetrical Triangle

According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 167.93/168.11 whereas the upper border goes across 168.32/168.11. 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 EURJPY will breach the upper border to head for 168.26.