Looking to Short EURAUD @ Monday Market Open

FX:EURAUD   Euro / Australian Dollar
EURAUD has formed an upward channel on the daily time frame.
Price has been rejected at the upper edge of the channel.
Monthly Pivot below price @ 1.452
I believe price will attempt to hit this month's pivot so I am interested in shorting EURAUD to the monthly pivot
This is around 240 pips opportunity.

Stop Loss goes above the highs & above the channel !!