Bearish Sentiment on EURAUD going into 2021
Sentiment for Global Recovery
Further EUR weakness expected as fiscal & monetary stimulus in Europe will push inflation-linked assets higher globally.
Auddie strength on commodities correlation as global inflation is expected to rise as vaccine roll-out helps boost economic recovery.
Economic activities are expected to bounce back as vaccination efforts around the world continue.
China 🇨🇳 has shown that when the pandemic is under control, things go back to normal.
This is my bullish view of the Global economy from 2021 to 2024.
Technical Perspective
Since November, this pair has broken a strong level of support
Further EUR weakness expected as fiscal & monetary stimulus in Europe will push inflation-linked assets higher globally.
Auddie strength on commodities correlation as global inflation is expected to rise as vaccine roll-out helps boost economic recovery.
Economic activities are expected to bounce back as vaccination efforts around the world continue.
China 🇨🇳 has shown that when the pandemic is under control, things go back to normal.
This is my bullish view of the Global economy from 2021 to 2024.
Technical Perspective
Since November, this pair has broken a strong level of support
