EURAUD Potential

Back with another Billionaire breakdown. I do not typically trade anything with EUR but I watched an interview that said, "if you're a trader and it can be traded then do what you do." So, here I am doing more random analysis. Here we have EURAUD with bearish potential. Most of my technicals were done on the Monthly. Now that I know where I'm at I can see we are still in somewhat of a counter trend on the Daily. Monthly, Weekly, Daily and 4H have all broken structure to the downside. Not too much volume but based off 4H structure price broke the 1.58150-.58000 zone on Dec 10 @ a 5am close. Pushed up to a 38.2 retrace base off 4H fibs, making a LH around the 1.58965 price give or take 20 pips with respect to wick areas. If price continues to drop for EUR I expect a nice break of the 1.57365-.57000 zone where I'll short down to possible TP around 1.56200, the next area of interest. Long term we have a Monthly demand zone that begins @ about 1.54500 with multiple touches, tests and retests. Back testing is necessary but structure rules. Any questions, comments or concerns please don't hesitate my fellow traders. Thank you.