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EU Confident For 5 Dec Oil Cap Start

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Crack Spreads Holding Steady Despite Crude Fall

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AUSSIE
AUSSIE: The antipodean looks set to open in Asia toward the upper side of the
$0.7795 to $0.7845 range seen so far today, where consolidation has been the
theme in European and US markets, after gains made in Asia following better than
expected China's Caixin Mfg PMI. In the absence of any significant data in Asia
and with Japan's markets again closed for a bank holiday, further consolidation
is anticipated. Resistance is expected near to the 200-wma ($0.7860), while
hourly support is found at $0.7816. Aussie is currently changing hands at
$0.7831.

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