NZDCHF M5 Bearish Rectangle

According to the chart of M5, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6012 – 0.6012 and upper border 0.6037 – 0.6037. In case the lower border is broken, the instrument is likely to follow the downward trend.