FX.co ★ NZDJPY M15: Bearish Rectangle

According to the chart of M15, NZDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 92.52 – 92.52 and upper border 92.80 – 92.80. In case the lower border is broken, the instrument is likely to follow the downward trend.