AUDCAD Going Short

AUDCAD seems to have approached a strong monthly level of Resistance and also with in the bearish channel is seem to be approaching the highest point of the upper trend line but kind of blocked by the strong monthly resistance at level 0.91176. Soo here we expect a pullback unto level 0.89147 then a retest back the monthly level. we then anticipate the price breaking the resistance to the upside or bouncing back to the downside. But my Thinking is that it will end up going Short long term hence my set up.
SL- 0.92106 TP- 0.86134. Entry point seems to be already laid out but lets look at the smaller time frames for a good entry