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Early dollar strength pressed to $0.7802.....>

AUSSIE
AUSSIE: Early dollar strength pressed to $0.7802 in Asia, corporate demand ahead
of $0.7800 cushioned with recovery efforts extending to the $0.7823/28 area.
Further dollar unwinds into Europe has seen the aussie grind out a fresh daily
high of $0.7835. Next resistance is seen at $0.7843/53 (50%/61.8% 0.7884-02),
more techs at $0.7882/84 (Oct20, Oct19 highs). Focus this week will be on
Wednesday's CPI read where early indications suggest higher retail electricity
and gas prices could see the number come in slightly above the median (2.0% y/y)
at 2.1%. Aussie last $0.7831. 

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