EUR should outweigh the AUD
Economic growth slowdown hurts AUD the most while ECB has taken some actions that may affect EUR positively. China is expanding its accommodative monetary policies that shows the economic conditions are not that good.
For these reasons, there might be a long bullish trend in EURAUD however, for short term, I believe this pair is going to have a correction and then a new high!
For these reasons, there might be a long bullish trend in EURAUD however, for short term, I believe this pair is going to have a correction and then a new high!
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