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AUD/USD last deals at $0.6767, almost........>

AUSSIE
AUSSIE: AUD/USD last deals at $0.6767, almost unchanged on the day.
- To recap, the rate finished a handful of pips lower yesterday as it failed to
recover from an early slip seen as U.S. President Trump signed Hong Kong
legislation into law. Weaker than expected Aussie capex data limited recovery
attempts in the Asia session. AUD/USD largely traded sideways through the rest
of the days, as athe Thanksgiving holiday in the U.S. sapped liquidity.
- AUD/USD remains heavy, printed a fresh multi-month low yesterday. Bears look
for a break under the Oct 17 trough at $0.6752 before targeting the Oct 16 low
of $0.6724. On the flip side, bulls keep an eye on the 50-DMA/Oct 11 high at
$0.6806/11. Above here would encourage them to focus on the 100-DMA at $0.6822.
- Next week's docket in Australia is headlined by Tuesday's MonPol decision from
the RBA. Also next week, we will see m'fing PMIs from CBA & AiG, ANZ jobs
adverts, building approvals, inventories & company profits (Monday), BoP data
(Tuesday), GDP (Wednesday), as well as trade balance & retail sales (Thursday).

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