FX.co ★ EURNZD H1: Bullish Rectangle

According to the chart of H1, EURNZD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.6691 – 1.6691 and upper border 1.6769 – 1.6769. In case the upper border is broken, the instrument is likely to follow the upward trend.