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Continues on the defensive into Europe,......>

AUSSIE
AUSSIE: Continues on the defensive into Europe, having made a show back under
$0.7800 following the RBA statement, rate touched extended pullback lows of
$0.7786 (Jul18 low) before fading. The 100-dma provides next support at $0.7772,
a break opens a deeper move towards $0.7727 (50% $0.7329-0.8125 & Jul14 low).
Dip buyers emerged, aussie grinds to $0.7800 at typing. 

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