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AUD/USD last trades at $0.7220, almost.......>

AUSSIE
AUSSIE: AUD/USD last trades at $0.7220, almost unchanged on the day, after round
tripping to session highs of $0.7276 on Monday and closing a touch lower. 
- The pair extended its Asia-Pac gains into the European morning, but AUD
outperformance faded away subsequently as recovery rallies in commodities
remained shallow & WTO figures suggested global goods trade will lose further
momentum in Q4 this year. 
- The rate spiked 20 pips or so lower late Monday after WSJ cited U.S. Pres
Trump calling holding off on 25% tariffs on imports from China "highly
unlikely". 
- Bears keep an eye on the Nov 21 low at $0.7203 and a break below would allow
them to target the Nov 14 lows of $0.7188. Conversely, bulls look to a break
above the 100-DMA at $0.7248, which would open up yesterday's high at $0.7276. 
- Australian calendar this week is rather light with private capex & private
sector credit numbers due Thursday & Friday respectively.

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