• -0.25%, profit taking - risk off in Asian stocks, E-mini S&P futures -0.15%

• Trades towards the base of a 0.7597-0.7628 range with moderate interest

• Sydney faces growing COVID-19 cluster on the northern beaches nS9N2HX00L

• Charts; 5, 10 & 21 daily, weekly and monthly moving averages trend north

• Major long term 0.7638 target, 38.2% 2011-2020 fall capped offshore

• Profit taking to be expected ahead of the holiday season and year end

• Sustained 0.7640 break would initially target 0.7677 June 2018 high

• Close below 0.7525, 10 DMA a base on this move, would undermine bias

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