FX.co ★ NZDCHF M30: Bearish Rectangle

According to the chart of M30, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4776 – 0.4776 and upper border 0.4790 – 0.4790. In case the lower border is broken, the instrument is likely to follow the downward trend.