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Local corporate demand in the mid-high.......>

AUSSIE
AUSSIE: Local corporate demand in the mid-high $0.7860's has been absorbed, the
Aussie dropping to a fresh low at $0.7855. Reports that Aussie-yen supply is
ongoing, as well as Japanese equities sliding deeper into negative territory,
stops in the favoured Aussie-yen 'carry-trade' have been triggered. Support is
now seen at $0.7840 (Jul17 high and now support), a break opens a move to
key-support located at $0.7818 (50% fib $0.7571-$0.8066). Aussie is currently
changing hands at $0.7860.

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