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The release of strong NAB Business...........>

AUSSIE
AUSSIE: The release of strong NAB Business Confidence data was countered by soft
commodities/China data overnight as the pair reversed off highs of $0.7939 to
hold around the 0.7915/25 area. On the downside support at $0.7906/7899 (Asia
low, Aug7 low & 21-dma), a break opens $0.7893/91 (61.8% $0.7786-0.8066, Aug4
low). Resistance at $0.7939/49 (Asia high, Aug7 high). Aussie holds flat in
early Europe, last $0.7924.  

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