EURAUD : potential bearish

EURAUD (EA) has been continuing rally since 13 august 2012.

We are in the middle of (C) wave. Has wave (C) ended ? We can get the hint from the oscillator shown - A lower volume developed suggest weak momentum upward, or market its getting tired.

Our strategy : Sell below 1.7210, target @ 1.6311 - if price break 1.7210, more rally could happen.

Thank you.