*Nov7 Aussie open $0.7691, range.....>

AUSSIE SUMMARY: *Nov7 Aussie open $0.7691, range $0.7680 to $0.7701

*Aussie opened in Asia at the upper side of yesterday's $0.7639 to $0.7692

range, where softer UST yields and stronger commodity prices, ore futures +5.8%

and coking-coal +1.8%, helped to underpin the Aussie.

*Ahead of RBA's Policy decision the Aussie was subdued and held a narrow $0.7680

to $0.7695 range

*As expected, RBA left the OCR rate unchanged at 1.5%, they noted an

appreciating Aussie would slow economic pick-up, forecasts for growth were

largely unchanged and warned that high China debt levels remains a medium term

risk. The rate edged higher from $0.7682 to $0.7701, but lack of any follow

through above 0.77 cents saw the rate ease back to $0.7685.

*Resistance is still being found close to the 200-dma, currently at $0.7699,

while hourly support is found at $0.7654.