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FX.co ★ AUDJPY M30: Bullish Rectangle

AUDJPY M30: Bullish Rectangle

Bullish RectangleAccording to the chart of M30, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 112.53 – 112.53 and upper border 112.84 – 112.84. In case the upper border is broken, the instrument is likely to follow the upward trend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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