AUDJPY M5 Bearish Rectangle

According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 112.33 - 0.00 and support 112.27 – 112.27. In case the resistance level 112.27 - 112.27 is broken, the instrument is likely to follow the bearish trend.