FX.co ★ EURJPY M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the EURJPY M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 185.62/185.52, while its lower boundary passes through 185.45/185.52. The pattern width is 17 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 185.52 could send the price toward 185.67.