FX.co ★ USDJPY M5: Bullish Rectangle

According to the chart of M5, USDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 135.11 – 135.11 and upper border 135.21 – 135.21. In case the upper border is broken, the instrument is likely to follow the upward trend.