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The Aussie opened in Asia at $0.7925 at......>

AUSSIE
AUSSIE: The Aussie opened in Asia at $0.7925 at the upper side of yesterday's
$0.7817 to $0.7934 range, where Trump's move to dissolve two business councils
and Fed's inflation concerns placed the greenback on the back foot. Locally, it
is all about Australian Jobs data, MNI's median is for 20,000 jobs to have been
created in July, participation and unemployment rate to remain unchanged at
65.0% and 5.6% respectively. Initial resistance is close-by at $0.7937 (38.2%
$0.8066 to $0.7808 decline), a break opens $0.7967 (50% on the same move), while
support is seen at $0.7884 (200-hma). Aussie is currently changing hands at
$0.7931.

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