FX.co ★ AUDUSD M5: Bullish Rectangle

According to the chart of M5, AUDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.6539 – 0.6539 and upper border 0.6550 – 0.6550. In case the upper border is broken, the instrument is likely to follow the upward trend.