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The release of a somewhat mixed Australian...>

AUSSIE
AUSSIE: The release of a somewhat mixed Australian Labour report witnessed
volatile trade overnight. Aud/usd initially dipped to $0.7571 on the headline
jobs number (3700 vs median 20,000), but immediately recovered to $0.7609 after
the unemployment rate dropped to 5.4%, a 4 1/2 year low. Profit take sales eased
off the high to consolidate either side of $0.7590 for the balance of the
session. A fresh wave of dollar buying emerged into Europe, aussie drifts to
$0.7586 at typing. Immediate support is seen at $0.7571 (Asia, Jul5 lows), a
break here opens $0.7560/59 (1.618% swing of $0.7625-0.7730, Jun26 low).
Option-related supply is noted at $0.7625/30 (Expiries A$596mn). 

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