FX.co ★ NZDUSD H1: Bullish Rectangle

According to the chart of H1, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5775 and support 0.5753. In case the resistance level 0.5775 - 0.5775 is broken, the instrument is likely to follow the bullish trend.