EUR - BULLISH 1️⃣ Euro remained well supported by the latest optimism over a landmark agreement on the EU's €750 billion pandemic recovery fund – aimed at aiding the region’s worst-hit economies. 2️⃣ German Business Climate came in on the strong side in July. 3️⃣ German Q2 GDP should be better due to spending recoveries.
AUD - BEARISH 1️⃣ Australia added a near record 532 cases on Monday, with the president of the Victorian branch of the Australian Medical Association Julian Rait calling stage-four lockdown restrictions. 2️⃣ Dropped in consumer inflation expectations in Q2 will affect Australia's CPI data tomorrow.
===== TECHNICAL ===== 📊 We buy #EURAUD on SMA50 area. 📊 EURAUD in bullish zone.
===== MONEY MANAGEMENT ===== 💵 Please use only 1-2% risk per trade or you can use recommended lot in pinned message.
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