Symmetrical triangle on the EUR/JPY 4 hour chart

The Euro versus the Yen has been much undecided today, even though during the week there was a lot of volatility, but not a clear direction or trend. That volatility has formed a symmetrical triangle on the 4 hour chart. A symmetrical triangle is a chart pattern which could break in any direction, but if the trend coming into the pattern is bearish, then there is a higher probability of seeing a breakout to the downside.