NZDCAD M15 Bearish Rectangle

According to the chart of M15, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8311 - 0.0000 and support 0.8288 – 0.8288. In case the resistance level 0.8288 - 0.8288 is broken, the instrument is likely to follow the bearish trend.