Hi Peter thanks for the comment, I believe that what is happening right now is a short term reversal, but also believe it will give a good pullback to go short again. Yes, agree a break upward could be interesting, but as long as we remain below it, my view is bearish :)
Nice analysis as usual. I'm wondering about your chart though. Price reached a low of ca .6825 (depends of course on your broker) on 15/1 & 20/1 so the lower TL of the middle channel is a bit off. Anyway I'll be looking for shorts too. Good luck.
I think higher prices are more likely (to at least retest the major trendline. Here's a chart of what I expect should happen. The blue lines are where it should go, and the purple shows the possibilities afterwards: https://dl.dropboxusercontent.com/u/98363503/TV%2520-%2520aud.usd-d1%2520%2520%2520%2528correction%2520scenario%2529.png