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*Sep27 Aussie-dollar open $0.7886,...>

AUSSIE SUMMARY
AUSSIE SUMMARY: *Sep27 Aussie-dollar open $0.7886, range $0.7862 to $0.7989
*Aussie opened in Asia toward the lower side of $0.7859 to $0.7949 range
witnessed yesterday, where expectations that a stimulative tax reform plan would
be unveiled shortly, helped to underpin the greenback and placed the Antipodean
on the defensive
*Modest dollar strength, led by dollar-yen, pushed the Aussie lower from near
$0.7890 to $0.7971
*News that Roy Moore had defeated Trump-backed Luther Strange in the Alabama
Republican Senate primary saw modest US dollar weakness, the rate climbed higher
from $0.7875 to $0.7989 before fading
*Toward the end of the session, Aussie dropped from near $0.7880 to $0.7862,
Aussie-kiwi supply was said to be the catalyst, with recently established longs
trimming positions ahead of tomorrow's RBNZ policy meeting
*Support is located at $0.7859 (Sep26 low), a break opens $0.7821 (38.2% fib
retracement $0.7329-0.8125 rise), while hourly resistance lies at $0.7900.

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