FX.co ★ AUDUSD M30: Bullish Rectangle

According to the chart of M30, AUDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.7171 – 0.7171 and upper border 0.7189 – 0.7189. In case the upper border is broken, the instrument is likely to follow the upward trend.