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After four consecutive sessions of gains,....>

AUSSIE
AUSSIE: After four consecutive sessions of gains, AUDUSD peaked at $0.7044
yesterday before drifting back under the 100-dma. The subsequent retracement
with added weight via the crosses, flirts with the $0.70 level. Near-term
support is seen at $0.6987/71 from the 200-hma & Jul 12 low.
- AUDNZD touched multi-month lows of NZ$1.0413, key support seen at
NZ$1.0400/05.
- AUDCHF topped out at Chf0.6945 giving more importance to the Chf0.6945/50 area
which has so far proved hard to overcome. Rate eases to Chf0.6923 and seen
approaching 50-dma support at Chf0.6915.
- EURAUD consolidates the break of A$1.60, opening the Jul 4 low & 100-dma at
A$1.6025/32.    

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