EURAUD - next consolidation wave down

EURAUD from 2008 -2012 has a major wave down.

Since then in consolidation in an ascending wedge.

Possibly wave c has recently completed , and the EURO may be about to descend in the 4th d wave.

It would not be unreasonable for price to correct to the 200 MAV ( and the .382 fib retracement) at around 1.52

The suggested trade idea for a short is on chart......