FX.co ★ USDJPY M5: Bullish Rectangle

According to the chart of M5, USDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 142.20 – 142.20 and upper border 142.80 – 142.80. In case the upper border is broken, the instrument is likely to follow the upward trend.