According to the chart of M5, USDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.7864/0.7877 and upper border is 0.7886/0.7877. The pattern width is measured on the chart at -22 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDCHF breaches the lower border, the price could continue its move toward 0.7862.