EUR/AUD - Waiting for the Break

Interesting setup on the daily chart for EUR/AUD with a potential breakout, price is currently trading within a descending triangle and is approaching breaking point... Keep an eye on price action around 1.43000 for any indications of a false breakout and opportunity to short.

I'm currently long on this pair from 1.38800 (check out my analysis by clicking the link below).

Please feel free to leave your opinion below.