FX.co ★ EURUSD H1: Bullish Rectangle

According to the chart of H1, EURUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.0780 – 1.0780 and upper border 1.0822 – 1.0822. In case the upper border is broken, the instrument is likely to follow the upward trend.