FX.co ★ AUDUSD M30: Bearish Rectangle

According to the chart of M30, AUDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6209 – 0.6209 and upper border 0.6223 – 0.6223. In case the lower border is broken, the instrument is likely to follow the downward trend.