AUD/USD managed to close in the green........>

AUSSIE: AUD/USD managed to close in the green Wednesday, despite receding in the

Asia-Pac session. The pair dipped as headlines re: Sino-U.S. tensions over the

Hong Kong protests crossed the wires. However, the combination of underwhelming

U.S. retail sales, improving oil prices & positive trade war comments from U.S.

Pres Trump inspired recovery through the WMR fix.

- AUD/USD last sits at $0.6758, virtually unch. on the day. The rate failed to

consolidate above the 50-DMA (today at $0.6778) earlier this month but continues

to operate nearby, which keeps the level in focus. A break would expose the

61.8% retracement of the Sep 12 - Oct 2 slide/Oct 11 high at $0.6809/11. Bears

would like to see a fall below the 23.6% retracement of the aforesaid slide;

located at $0.6724, the level provided a layer of support on Oct 8 & 16.

- In his latest speech, RBA Dep Gov Debelle warned against the imminent

exacerbation of the slump in Australia's construction activity. The full speech

is available at http://tiny.cc/DebelleHousing.

- Aussie labour mkt data goes under the microscope today. Apart from that, the

RBA will release its Annual Report.