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

AUSSIE: The antipodean looks set to open in Asia at the low side of the $0.7505

to $0.7570 range seen so far today, where disappointing aussie trade data, a

firmer US dollar and softer base metals prices all combined to see the aussie

trade defensively. Australian housing finance data provides the local event risk

for the session ahead, MNI expects a 2.8% drop. However, more of a reaction is

likely from China's November trade data, which is due for release at some stage

today (No set time). Demand has been reported around $0.7500, which is also the

low on Jun 7, a clean break to expose $0.7457, while hourly resistance is

located at $0.7533. Aussie is currently changing hands at $0.7513.