AUDCHF M5 Bearish Rectangle

AMP

According to the chart of M5, AUDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5159 – 0.5159 and upper border 0.5176 – 0.5176. In case the lower border is broken, the instrument is likely to follow the downward trend.