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Modest dollar weakness encouraged by soft....>

AUSSIE
AUSSIE: Modest dollar weakness encouraged by soft UST yields saw the aussie lift
from $0.7830 to the $0.7855/60 area in early Asia. Gains extended to $0.7875 but
with lack of follow through drifted to hold a narrow 10 pip range for the
balance of the session. Light offers are reported on approach to $0.7900, a
break here opens $0.7907 (38.2% $0.8102-0.7786). Support at $0.7840/30 (Rising
hourly tren-line support off $0.7786 low, Asia low). Aussie last $0.7865. 

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