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Despite improving US-China trade talks.......>

AUSSIE
AUSSIE: Despite improving US-China trade talks overnight, AUD struggles for
traction amid the backdrop of persistent weak domestic data. AUDUSD holds toward
the lower end of its $0.7197-0.7230 range with key support/resistance levels to
be monitored at the close today. The 50-dma provides support at $0.7187, while
the 100-dma acts as near-term resistance at $0.7230. A convincing break either
side could be pivotal for direction. Looking further out, the RBA December
meeting minutes are scheduled for release next Tuesday, ahead of next Thursday's
AU labour market report. AUDUSD last $0.7207. 

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