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Read More »EUR/AUD bearish breakdown supported by additional China fiscal stimulus and AU inflation Somoybulletin
[ad_1] Weak PMI readings from the Eurozone, an increase in China’s budget deficit ratio, and renewed inflationary pressures in Australia may trigger a persistent bearish sentiment loop in EUR/AUD. Watch the key short-term resistance at 1.6700 for EUR/AUD. A break below 1.6250 key medium-term support on the EUR/AUD may trigger …
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