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EURAUD Strong Downtrend Continues

Discussion in 'Technical Analysis' started by Kaitlin, Mar 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    This week we have the ECB meeting, with analysts predicting further forms of QE by reducing deposit rates, which should weaken the EUR. Of recent, we've seen Commodities prices rebound, in particular Iron Ore, Copper, Gold, OIl (and coupled pricing on LNG), all key exports of Australia, causing AUD to[​IMG]

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