FX.co ★ USDCHF M15: Bearish Rectangle

According to the chart of M15, USDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8929 – 0.8929 and upper border 0.8951 – 0.8951. In case the lower border is broken, the instrument is likely to follow the downward trend.