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Continues to trade with a bid tone...........>

AUSSIE
AUSSIE: Continues to trade with a bid tone following the stellar local jobs
report released earlier. The pair has reached a top so far of $0.7675 and
currently holds at $0.7671. There was no discernible reaction to the China data,
which was much in line with expectations. Further topside forays should
encounter stiff resistance in the $0.7690's, the area holds the 200-dma
($0.7692) and two previous highs on Nov9-10 ( $0.7694/95). A close above the
200-dma may well test the patience of aussie bears, with investors largely
positioned short for the last couple of months or so.

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