FX.co ★ AUDUSD H1: Bullish Rectangle

According to the chart of H1, AUDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.6700 – 0.6700 and upper border 0.6718 – 0.6718. In case the upper border is broken, the instrument is likely to follow the upward trend.