EURAUD - Awaiting Breakout !

FX:EURAUD   Euro / Australian Dollar
Price is closing in on EURAUD
- Price has been Bearish September 2015 and We are now reaching KEY support Areas.

- Price can Either bounce off support 1.27 into Trend line Resistance then proceed to 61.8 Retracement on Monthly Timeframe .
- Break Support 1.27 and Test 61.8 Retracement on the Monthly TImeframe , Retest back onto 1.27 and Go forth of Bearish Momentum to next support.

all EMA's As resistance
50 Retracement on Monthly Support (slapped in the face, Excuse my English)
2012-2016 Trendline Support Broken Also.

I will be monitoring for potential Bearish Setups,
- EUR is not looking good at all

Let me know your thoughts :)