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After initially dipping to $0.7993 on........>

AUSSIE
AUSSIE: After initially dipping to $0.7993 on light profit sales, demand
reported from Tokyo has seen the pair breached yesterday's top of $0.8014, stops
from momentum accounts were triggered on a break above $0.8040, which pushed the
antipodean to a fresh cycle high at $0.8043. The mood is modestly risk on with
commodities again performing well overnight, CRB index +1.0% at the US close.
Supporting the move are Asia equities, with most bourses, ex-China in positive
territory. Resistance is now found at $0.8045/58, the level represents 2% vol
band, 1.618 swing on the $0.7989-$0.7875 move. Aussie was last at $0.8038

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