FX.co ★ AUDCAD M30: Bullish Symmetrical Triangle

According to the chart of M30, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8915/0.8941 whereas the upper border goes across 0.8979/0.8941. 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 AUDCAD will breach the upper border to head for 0.8971.