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As European traders arrive, AUDUSD...........>

AUSSIE
AUSSIE: As European traders arrive, AUDUSD continues to see limited react to the
earlier unchanged RBA. The statement offered very few surprises, introducing
risk factors on Italy and some EM countries and removing its reference to the
reduction of spare capacity. Rate holds near the lower end of its daily range in
a narrow $0.7625-35 range. Hourly support is located through $0.7615/05, opening
a move toward $0.7600. Resistance remains at $0.7666/75 (Jun4 high/Broken 30-mth
support line). AUDUSD last $0.7633.

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