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The Aussie is edging a bit higher in quiet...>

AUSSIE
AUSSIE: The Aussie is edging a bit higher in quiet Asia markets, the rate rising
from $0.7906 to a high so far of $0.7919. Traders make mention of light demand
seen in Aussie-kiwi as the reason for the small upswing, the cross having broken
above resistance at N$1.0758-60 to post a top of N$1.0767. Up shortly, NAB July
business conditions/confidence data (0130GMT) will provide a modest event risk,
conditions last at 15, while confidence was 9. Hourly resistance lies at
$0.7929, a break opens $0.7949 (38.2% $0.8043-0.7891 & yesterday's high). Aussie
was last at $0.7917

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