FX.co ★ AUDCHF M15: Bearish Rectangle

According to the chart of M15, AUDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5692 – 0.5692 and upper border 0.5700 – 0.5700. In case the lower border is broken, the instrument is likely to follow the downward trend.