FX.co ★ EURUSD M5: Bearish Rectangle

According to the chart of M5, EURUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0924 – 1.0924 and upper border 1.0967 – 1.0967. In case the lower border is broken, the instrument is likely to follow the downward trend.