AUDUSD Channel Short

AUDUSD H1

One more channel trade in AUD pair. AUDJPY channel trade [here].

Price is moving in a ascending channel and looking its holding it very well. 200EMA is good support on dips. 


Pair is not able to maintain momentum above 1.05 figure. So lot of seller are in that area. 

I plan to go short on touch of upper trendline for a possible move towards mid/lower part of channel.