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 92.92 - 0.00 and support 93.08 – 0.00. In case the resistance level 93.08 - 0.00 is broken, the instrument is likely to follow the bearish trend.