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*Dec6 aussie-dollar open $0.7607,....>

AUSSIE SUMMARY
AUSSIE SUMMARY: *Dec6 aussie-dollar open $0.7607, range $0.7572 to $0.7634
*Aussie consolidated ahead of the local data and held a $0.7600 to $0.7615 range
*Softer than expected Aussie Q3 GDP placed the Aussie under pressure, however,
the price action seemed most strange, from 0.7613 to $0.7634 and then down to
$0.7576 before stabilising and all within a blink of an eye.
*Q3 GDP rose 0.6% q/q against MNI's median of 0.7% q/q and 2.8% y/y against our
median of 3.0%.
*The move extended to $0.7572 before meeting local corporate demand. Rallies
were limited to $0.7591 and for the balance of the session the pair consolidated
in a $0.7575 to $0.7585 range.
*Support is now seen at $0.7552 (Dec1 and Nov29 lows), while hourly resistance
is located at $0.7591.

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