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FX.co ★ AUDUSD M30: Bullish Rectangle

AUDUSD M30: Bullish Rectangle

Bullish RectangleAccording to the chart of M30, AUDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6961 and support 0.6947. In case the resistance level 0.6961 - 0.6961 is broken, the instrument is likely to follow the bullish trend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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