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BK Big Trade – New EUR/AUD Orders – CANCELED
Place Order to BUY 1 Lot EUR/AUD at 1.4915
Place Order to BUY 1 More at 1.4720
Stop for ALL at 1.4550
With Greece reaching a deal with its creditors, one of the most important existential risks facing the euro is behind us. We believe that the euro should bounce as result as the positive implications of a weaker currency, lower commodity prices and QE start to impact the economy. We like buying euros against the Australian dollar because of the threat that low commodity prices and slower growth in China poses to the long term outlook of Australia’s economy.