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The early morning dip from around $0.7940....>

AUSSIE
AUSSIE: The early morning dip from around $0.7940 to $0.7914 has proved short
lived, the Aussie since recovering to $0.7949. Traders had put the weakness down
to intraday specs establishing shorts on news over the weekend that N. Korea had
fired a number of short ranged missiles into the Sea of Japan. There is no data
or scheduled events in Asia to drive markets, consolidation is expected with a
mild upside bias. Key-resistance lies at $0.7967 (61.8% $0.8066-$0.7808), while
hourly support is located at $0.7914. Aussie was last at $0.7947.

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