FX.co ★ EURCHF M5: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the EURCHF M5 chart. Its lower boundary passes through 0.9360/0.9371, while its upper boundary passes through 0.9384/0.9371. The pattern width is 24 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If EURCHF breaks below the lower boundary, the price could move toward 0.9356.