AUDUSD trading the breakout within the descending channel!

AUDUSD is one of those currency pairs that I've been analyzing lately, without entering any trade. I'm planning to finally enter a trade on this currency pair, on a potential breakout of a short-term support, that might happen within a good down-channel.
Following the trend, risk to reward ratio better than 1:2, definitely an opportunity that I want to try to catch!