USDCAD M15 Bearish Rectangle

According to the chart of M15, USDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3664 - 0.0000 and support 1.3657 – 1.3657. In case the resistance level 1.3657 - 1.3657 is broken, the instrument is likely to follow the bearish trend.