FX.co ★ USDCHF D1: Bearish Rectangle

According to the chart of D1, USDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8755 – 0.8755 and upper border 0.8863 – 0.8863. In case the lower border is broken, the instrument is likely to follow the downward trend.