FX.co ★ EURCHF M5: Bearish Rectangle

According to the chart of M5, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9666 – 0.9666 and upper border 0.9681 – 0.9681. In case the lower border is broken, the instrument is likely to follow the downward trend.