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AUD/USD last trades at $0.7116, 8 pips.......>

AUSSIE
AUSSIE: AUD/USD last trades at $0.7116, 8 pips higher on the day. The pair
ticked up upon the release of Aussie labour mkt data, with employment increasing
by 37k vs the 20k consensus. Worth noting the unemployment rate came in
marginally higher than exp., at 5.1%, but the participation rate also slightly
increased. 
- The pair fell 72 pips yesterday as the U.S. Fed's decision to raise interest
rates dragged it to intraday lows after a whole day of trading relatively flat. 
- Bears look for a move below $0.7088, where AUD/USD bottomed yesterday, which
would open up the Oct 22 low of $0.7076. Conversely, bulls target the 55-DMA at
$0.7186 and a break above would shift their focus to yesterday's high of
$0.7201. 
- Australian docket for the remainder of this week is rather dry.

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