FX.co ★ USDCHF M5: Bearish Rectangle

According to the chart of M5, USDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8246 – 0.8246 and upper border 0.8262 – 0.8262. In case the lower border is broken, the instrument is likely to follow the downward trend.