FX.co ★ AUDCAD M30: Bearish Rectangle

According to the chart of M30, AUDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9106 – 0.9106 and upper border 0.9123 – 0.9123. In case the lower border is broken, the instrument is likely to follow the downward trend.