FX.co ★ EURUSD M15: Bearish Rectangle

According to the chart of M15, EURUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0810 - 0.0000 and support 1.0804 – 1.0804. In case the resistance level 1.0804 - 1.0804 is broken, the instrument is likely to follow the bearish trend.