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Topside gains have so far been contained.....>

AUSSIE
AUSSIE: Topside gains have so far been contained by the very large (A$2.75bn)
option expiry at $0.7800, to hold either side of $0.7785 at the NY crossover.
The SoMP passed overnight with most of the shine taken off from Governor Lowe's
dovish commentary on Wednesday, apart from Unemployment projections which were
lowered from 5.5% to 5.25%. Technical resistance is seen at $0.7843/52 (Feb8
high, 61.8% $0.7910-0.7759). Traders will look toward the 100-dma ($0.7770) and
200-dma (0.7755), a close below here could open $0.7732/30 (Dec25-27 lows).
Aud/Usd last $0.7786. 

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