FX.co ★ NZDJPY M5: Bullish Rectangle

According to the chart of M5, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 89.70 – 89.70 and upper border 89.84 – 89.84. In case the upper border is broken, the instrument is likely to follow the upward trend.