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Opened in Asia at $0.7704 toward the lower...>

AUSSIE
AUSSIE: Opened in Asia at $0.7704 toward the lower side of the $0.7690 to
$0.7784 range witnessed yesterday, where weaker-than-expected local CPI data and
softer ore prices placed the Aussie on the defensive. Locally, Q3 import and
export prices provide a modest event risk. Support is currently being found near
to the 200-dma ($0.7694), while hourly resistance is noted at $0.7721. MNI's
Kyle Shortland notes, The Bollinger base ($0.7711) is the key concern for bears.
Bulls now need a close above $0.7765 to ease bearish pressure and above $0.7907
to end bearish hopes and shift initial focus to $0.7986.

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