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It has been a fairly innocuous start for.....>

AUSSIE
AUSSIE: It has been a fairly innocuous start for the Asia session, the Aussie
holding a narrow $0.7817 to $0.7836 range. Japanese accounts have been
reportedly buying yen crosses, which has lent some small support to the Aussie.
In option space, there are large expiries between $0.7825-30 (A$2.23 bn) that
may act to contain the near term range. Up next, Q2 Wage Price Index (0130GMT)
provides a modest risk hurdle, MNI's median is 0.5% q/q and 1.9% y/y. Hourly
resistance is located just ahead of $0.7850, while domestic demand has been
cited around $0.7800, with key support then seen at $0.7784 (38.2%
$0.7329-$0.8066 rise). Aussie is currently changing hands at $0.7828. 

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