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AUD/USD last deals at $0.7177, almost........>

AUSSIE
AUSSIE: AUD/USD last deals at $0.7177, almost unchanged on the day, after
slipping 55 pips Friday on the back of soft Chinese data & limited risk
appetite. 
- The release of Aussie MYEFO may be lending some support to the Aussie, as it
outperforms all of its G10 peers, albeit modestly. The mid-year budget update
saw a cut in forecast 2018/19 budget deficit & a bigger forecast 2019/20
surplus. 
- Bulls look for a move through the 55-DMA/50-DMA at $0.7185/94 before
challenging the 100-DMA at $0.7224. On the downside, bears need a fall through
Friday's low & lower Bollinger band (2%) at $0.7151 before targeting the 76.4%
fibo retracement of the move from $0.7021 to $0.7394 at $0.7109. 
- Aussie highlights this week include unemployment data due Thursday. Elsewhere,
the RBA is set to release its Dec meeting minutes tomorrow.

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