AUDUSD

٢١ فبراير ٢٠٢٣

Located on the Daily time frame, price overall is in a down trend. There is an uptrend within the downtrend. It could possibly reverse, but we are in between middle of a middle support and resistance area right now. Counter Trendline has been broken and retested for the bearish symmetrical triangle pattern price could possibly retrace a little and dive deep through middle support to the desired location. Sidenote price did bounce off of my moving support and resistance line which is the 200ema that's why I mentioned price may retrace before evacuating the premises.