LONG EURAUD

The Australian Bank has decided to cut its interests rate to 0.10%. Borrowing money will happen more often as expected due to its economic downturn. AUD in the long term will be weak. For the euro section, we can see a second wave impacting its sectors, however their measures for premature lockdown has indicated its success in controlling the virus. The bull flag on the 30 minute is likely possible. For a downward bias, it may take a long time to come.