FX.co ★ USDCHF M5: Bearish Rectangle

According to the chart of M5, USDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8883 – 0.8883 and upper border 0.8890 – 0.8890. In case the lower border is broken, the instrument is likely to follow the downward trend.