FX.co ★ NZDUSD M5: Bullish Rectangle

According to the chart of M5, NZDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.5950 – 0.5950 and upper border 0.5959 – 0.5959. In case the upper border is broken, the instrument is likely to follow the upward trend.