FX.co ★ AUDJPY M5: Bullish Rectangle

According to the chart of M5, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 96.49 – 96.49 and upper border 96.60 – 96.60. In case the upper border is broken, the instrument is likely to follow the upward trend.