AUDUSD, 5th Time's the charm?

Price attempts to break the descending trendline but was frequently rejected by bear momentum.

Recent support has also been retested and rejected several times. Where do you think it will go next?

We can see how price is consolidating at the support zone, and is starting to form a bullish momentum. Thus, presenting potentials or a buy setup

We're likely to have an upside movement towards next resistance, unless price decides to present further downside momentum below current support zone..

Will be looking for entry signals within or near support the support zone