FX.co ★ NZDUSD H1: Bullish Rectangle

According to the chart of H1, NZDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.6028 – 0.6028 and upper border 0.6056 – 0.6056. In case the upper border is broken, the instrument is likely to follow the upward trend.