EURAUD Short at market open Monday 250 pip opportunity

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 !!