FX.co ★ #PEP M15: Bearish Rectangle

According to the chart of M15, #PEP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 143.88 – 143.88 and upper border 144.92 – 144.92. In case the lower border is broken, the instrument is likely to follow the downward trend.