ForexYell
Long

EURAUD Continues to Ride Bullish Channel

FX_IDC:EURAUD   EURO / AUSTRALIAN DOLLAR
122 0 4
EURAUD             could make a push to new highs for Summer of 2015 as EUR crosses are breaking out across the board and AUD is down heavily on the CNH             devaluation. RBA cuts are getting priced in again and EUR has consistently held support. Even of the strongest trends, EURGBP             looks to breaking from a falling wedge, which is a bullish development.

Impulsive push higher with consistent higher lows keeps attention higher until today's low of 1.4829.
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