FX.co ★ NZDCHF M15: Bearish Rectangle

According to the chart of M15, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4926 – 0.4926 and upper border 0.4934 – 0.4934. In case the lower border is broken, the instrument is likely to follow the downward trend.