Actually EURAUR could be test THE BOTTOM BLUE LEVEL soon as long as EURUSD keep .
So EURAUD still got 400 pips more to drop according to this chart.
The channel is a upward channel but it doesn't matter to sellers as long as you are a swing trader who follow the current swing from the last reflection point on the channel to the next one.
Try to make a new trade on this pair on 4h chart to follow the left 400 pips.
LESS IS MORE!