FX.co ★ AUDCAD D1: Bullish Rectangle

According to the chart of D1, AUDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9758 and support 0.9459. In case the resistance level 0.9758 - 0.9758 is broken, the instrument is likely to follow the bullish trend.