FX.co ★ NZDCHF H1: Bearish Rectangle

According to the chart of H1, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4592 – 0.4592 and upper border 0.4620 – 0.4620. In case the lower border is broken, the instrument is likely to follow the downward trend.