FX.co ★ AUDCAD D1: Bullish Rectangle

According to the chart of D1, AUDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.9459 – 0.9459 and upper border 0.9758 – 0.9758. In case the upper border is broken, the instrument is likely to follow the upward trend.