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*Dec29 Aussie-dollar open $0.7794,...>

AUSSIE SUMMARY
AUSSIE SUMMARY: *Dec29 Aussie-dollar open $0.7794, range $0.7790 to $0.7804
*Aussie opened in Asia toward the upper side of yesterday's $0.7765-$0.7810
range where broad-based US dollar weakness and stronger commodity prices (CRB
index +0.8%), helped to underpin.
*Despite firmer commodities, Dalian ore +3.2%, Shanghai steel +1.6% and coking
coal +1.0%, the aussie remained range-bound with hardly any flow worth a
mention.
*Resistance lies at $0.7814/17, the level holds 50% fib retracement
$0.8125-$0.7502 decline and daily cloud top, while support is being found near
to the 100-dma ($0.7778).

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