FX.co ★ USDCAD M15: Bearish Rectangle

According to the chart of M15, USDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3888 – 1.3888 and upper border 1.3903 – 1.3903. In case the lower border is broken, the instrument is likely to follow the downward trend.