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AUD/USD trades at $0.7299, a touch lower.....>

AUSSIE
AUSSIE: AUD/USD trades at $0.7299, a touch lower on the day, as it comes under
pressure from U.S. Trade Rep Lighthizer's hawkish trade comments re: China. 
- The pair rallied following Fed Chair Powell's speech yesterday, but moved off
of highs subsequently, nevertheless closing the day 81 pips higher. 
- AUD/NZD last NZ$.0661, having jumped ~40 pips on the release of poor NZ biz.
conf. figure, unchanged against the Oct reading. 
- AUD/USD bears target the 21-DMA/100-DMA at $0.7245/43 and a break below would
open up the $0.7221 level, where the pair printed its intraday low yesterday.
Meanwhile, initial resistance is located at yesterday's high of $0.7328 and a
move through that level would shift bullish focus to the Nov 16 high/upper
Bollinger band (2%) at $0.7338. 
- Australian economic releases this week include private sector credit numbers
due Friday.

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