This is following to the last post about EURAUD Trend & Momentum.
EURAUD has gown down steeper pace than expected and now it is staying around 1.428. The market analysts say this could be because of Mario Draghi's speech today, who is a president of ECB, and Chinese interest rate has been cut unexpectedly after two years.
Ref)
Reuters-> http://uk.reuters.com/article/2014/11/21/uk-ecb-draghi-inflation-idUKKCN0J50NP20141121
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