FX.co ★ EURCAD M30: Bullish Rectangle

According to the chart of M30, EURCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.6017 – 1.6017 and upper border 1.6038 – 1.6038. In case the upper border is broken, the instrument is likely to follow the upward trend.