EURCHF M5 Bearish Rectangle

According to the chart of M5, EURCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9263 - 0.0000 and support 0.9249 – 0.9249. In case the resistance level 0.9249 - 0.9249 is broken, the instrument is likely to follow the bearish trend.