The EUR/AUD has been bearish since last week's and November's high at 1.4593. The 1H chart shows the pair retreating in a bearish channel.EUR/AUD 1H Chart 11/14(click to enlarge) The 1H chart also shows that as we wind down the week, EUR/AUD has found support at 1.4225 and rallied to 1.4346. This push break above the week-long falling channel resistance. However the market is still holding back from signaling a bullish reversal.1) Price needs to break above 1.4350 to show a clear break to the upside, and also because it would clear an intra-session consolidation, and put price above the 100-, and 50-hour SMA. 2) The 1H RSI needs to break above 60. Otherwise, we have maintenance of bearish momentum. Preferably, the RSI will be able to tag 70 to show bullish momentum, and subsequently hold above 40 to show development of bullish momentum.If price falls below 1.4290 however, it would revive a bearish outlook to test the 1.4225 low with risk of falling lower at least in the short-term.