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AUD/USD has operated within a ~20 pip........>

AUSSIE: AUD/USD has operated within a ~20 pip range overnight and last deals at
$0.7188, which represents the 55-DMA. 
- Bears look for a fall through the $0.7183-$0.7172 area, locked between the
50-DMA & 100-DMA respectively, which would open up yesterday's low of $0.7147.
Conversely, bulls look to $0.7222, where the rate peaked yesterday, and a jump
above would shift their focus to reported resistance at $0.7250. 
- Worth highlighting the A$1.25bn worth of option expiries at $0.7110-15 that
roll off at today's 10AM NY cut. 
- Australian attention next week will be drawn by the domestic labour mkt report
due Thursday. Elsewhere, any developments re: Sino-U.S. trade relations, as well
as Chinese GDP data will also attract interest.

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