EUR/AUD has broken & closed below the daily Ichimoku cloud. The downtrend begins…
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With risk appetite gradually returning to the market and if trade war remains status quo, Aussie should continue to strengthen against the Euro. Stronger than expected Export and Import data shows things may not be as bad as market expects for the Aussie econ.
According to your analysis it did the same in July and then went super long
TrackRecordTrading
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@dnsmith, Noted on what you have pointed out. However, with risk appetite gradually returning to the market and if trade war remains status quo, Aussie should continue to strengthen against the Euro. Stronger than expected Export and Import data shows things may not be as bad as market expects for the Aussie econ.