FX.co ★ NZDUSD M5: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the NZDUSD M5 chart. Its lower boundary passes through 0.5742/0.5748, while its upper boundary passes through 0.5753/0.5748. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, NZDUSD is expected to break the upper boundary and move toward 0.5763.