FX.co ★ NZDUSD M30: Bearish Rectangle

According to the chart of M30, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5982 – 0.5982 and upper border 0.6006 – 0.6006. In case the lower border is broken, the instrument is likely to follow the downward trend.