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Inflation Eases Further Despite Reopening

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The antipodean looks set to open in Asia.....>

AUSSIE: The antipodean looks set to open in Asia at the lower side of the
$0.7559 to $0.7634 range seen so far today, where weaker-than-expected Aussie Q3
GDP and softer commodities (CRB index-1.46%) has seen the aussie trade with a
defensive tone. Ahead in Asia, Australia's Trade Balance for October will
provide the event risk for the session. MNI is looking for a surplus of A$1.2bn,
down from September's surplus of A$1.745bn. Initial support lies at $0.7552
(Dec1 & Nov29 lows), a break to expose key-support at $0.7531 (61.8% fib
retracement on $0.7160-$0.8125 rise), while hourly resistance is noted at
$0.7595-00. Aussie is currently changing hands at $0.7563.

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