AUDUSD has formed a diamond formation. Region of support and resistance is outlined with dashed lines with a short prediction.
Overall bullish reversal from a previous bearish trend. Formation of a symmetrical triangle around pre-establish support/resistance lines and systems. Expecting a long trade after retesting on the support line.
Overall monthly bearish trend where at the bottom, we see the formation of a rising wedge. Using two support systems, retest and reversal are outlined with a stop loss of the last high.