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FX.co ★ USDJPY H1: Bullish Rectangle

USDJPY H1: Bullish Rectangle

Bullish RectangleAccording to the chart of H1, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 151.03 and support 150.25. In case the resistance level 151.03 - 151.03 is broken, the instrument is likely to follow the bullish 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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