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The pair opened in Asia at $0.7876 toward....>

AUSSIE
AUSSIE: The pair opened in Asia at $0.7876 toward the upper side of Friday's
$0.7818 to $0.7897 range, where softer than expected US inflation data placed
the greenback on the defensive. China CPI for September provides the event risk
for the session ahead, consensus is 1.6% m/m, down from 1.8% in August. Above
$0.7897 resistance is located at $0.7918 (50% $0.8102-$0.7733 decline), while
hourly support lies at $0.7872. Aussie is currently changing hands at $0.7885
and the range so far this morning has been $0.7876 to $0.7890.

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