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Coming up in the Asia-Pac session on Monday:


Coming up in the Asia-Pac session on Monday:


Consolidation Mode But Remains Bearish


Fails To Hold Onto Thursday’s High

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AUSSIE: The antipodean looks set to open in Asia at the upper side of the
$0.7553 to $0.7640 range seen so far, where softer US inflation data and a
perceived dovish Fed hike, saw the US dollar broadly lower against its peers.
Australian jobs report is the main focus for the session ahead, MNI's median is
for 17,000 jobs to have been created in November, with unemployment and
participation rate remaining unchanged at 5.4% and 65.1% respectively. Initial
resistance lies at $0.7665 (Nov13 high), heavy resistance is then expected near
to the 200-dma ($0.7691), where the pair has topped out on several occasions.
Downside, hourly support is seen just below $0.76 cents. Aussie is currently
changing hands at $0.7638.
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