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*Jan2 Aussie-dollar open $0.7805,....>

AUSSIE SUMMARY
AUSSIE SUMMARY: *Jan2 Aussie-dollar open $0.7805, range $0.7795 to $0.7835
*Aussie opened in Asia toward the middle of Friday's $0.7789 to $0.7825 range,
where a generally weaker US dollar and firmer commodity prices, helped to
underpin the antipodean
*Initially easing from $0.7818 to $0.7795, demand surfaced to see the pair inch
higher to $0.7823 before fading modestly
*Better-than-expected Caixin China Mfg PMI saw the pair extend to 0.7827. Dips
were then shallow and held to $0.7817. 
*Adding further support were China equities, which opened firmer and began to
surge higher, Hang Seng +1.7% and Shanghai Comp +1.1%. Aussie remained bid
heading into the European open and made a fresh high at $0.7835.
*Initial resistance lies at $0.7835 (Oct23 high), with key resistance then seen
at $0.7887 (61.8% Fibonacci retracement on $0.8125-0.7502 decline), while Asia's
base of $0.7795 provides support.
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