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FX.co ★ USDCAD H1: Bullish Rectangle

USDCAD H1: Bullish Rectangle

Bullish RectangleThe Bullish Rectangle has formed on the USDCAD H1 chart. This is a trend continuation pattern bounded by the lower boundary at 1.4174–1.4174 and the upper boundary at 1.4200–1.4200. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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