FX.co ★ USDJPY H1: Bullish Rectangle

According to the chart of H1, USDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 157.74 – 157.74 and upper border 157.93 – 157.93. In case the upper border is broken, the instrument is likely to follow the upward trend.