FX.co ★ EURCHF M15: Bearish Rectangle

According to the chart of M15, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9223 – 0.9223 and upper border 0.9236 – 0.9236. In case the lower border is broken, the instrument is likely to follow the downward trend.