FX.co ★ NZDCAD M5: Bullish Rectangle

According to the chart of M5, NZDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8161 and support 0.8152. In case the resistance level 0.8161 - 0.8161 is broken, the instrument is likely to follow the bullish trend.