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Commodity based currency pairs consolidate....>

FOREX
FOREX: Commodity based currency pairs consolidate overnight gains with added
support from firmer oil, gold and copper prices. AUDUSD holds near the peak of
its $0.7427-73 daily range with resistance expected ahead of $0.7500 ($0.7494 -
50% $0.7677-0.7311, Kijun line). NZDUSD continues to improve off last week's
multi-year low to $0.6850. Next resistance is seen at $0.6869/74 (21-dma, 50% of
June range $0.7060-0.6688). CAD sits at its best levels against the USD for 3
weeks, last C$1.3069. Focus this week on the BoC rate decision with markets
widely pricing in 25bps hike to 1.5%.    

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