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FX.co ★ NZDJPY M15: Bullish Rectangle

NZDJPY M15: Bullish Rectangle

Bullish RectangleAccording to the chart of M15, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 90.87 – 90.87 and upper border 91.07 – 91.07. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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