FX.co ★ NZDJPY H1: Bearish Rectangle

According to the chart of H1, NZDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 92.35 – 92.35 and upper border 92.66 – 92.66. In case the lower border is broken, the instrument is likely to follow the downward trend.