FX.co ★ NZDUSD M5: Bullish Rectangle

According to the chart of M5, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5611 and support 0.5602. In case the resistance level 0.5611 - 0.5611 is broken, the instrument is likely to follow the bullish trend.