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*Aug2 Aussie dollar open $0.7969,....>

AUSSIE SUMMARY
AUSSIE SUMMARY: *Aug2 Aussie dollar open $0.7969, range $0.7942 to $0.7974
*Aussie opened in Asia at the lower side of Tuesday's $0.7961 to $0.8043 range,
where softer commodities (CRB index -1.03%) pressured the antipodean lower
against the greenback
*Aussie drifted lower from around $0.7970 to $0.7954, the move was in sympathy
with the kiwi following weaker NZ job data
*Domestic corporate demand surfaced to see the Aussie rise from $0.7955 to
$0.7970
*Higher US rate yields then pressured the Aussie lower to $0.7953. Stronger
local building approval data caused a spike from $0.7953 to $0.7964
*Modest dollar strength resurfaced to send the Aussie to $0.7942. 
*For the balance of the session, the Aussie consolidated within a $0.7944-54
range
*Initial support lies at $0.7937 (Jul28 low), with further support seen below at
$0.7926 (50% $0.7786-$0.8066), while hourly resistance is noted at $0.7970.

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