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*Oct24 Aussie open $0.7807, range....>

AUSSIE SUMMARY
AUSSIE SUMMARY: *Oct24 Aussie open $0.7807, range $0.7806 to $0.7825
*Aussie opened in Asia toward the lower side of the $0.7796 to $0.7835 range
witnessed on Monday, where rising prospects of US tax reform continues to see
broad-based US dollar strength
*Corporate demand reportedly helped lift the Aussie higher from around $0.7808
to $0.7819. Base-metal futures are also seen underpinning, Shanghai steel
+1.65%, copper +0.5% and coking-coal up 0.65%.
*The move extended slightly to $0.7825 on Aussie-kiwi demand following some
perceived negative kiwi remarks made by NZ PM Ardern
*Ahead of the European open the Aussie consolidated around $0.7820
*Resistance is located at $0.7830/35, the level marks the 38.2% fib retracement
$0.7884-$0.7796 and Oct23 high, while support remains at $0.7796 (61.8% fib
0.7733-$0.78970, with some talk of local exporter demand under $0.7800.

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