Australia kept triple A credit rating this week, according to all there major agencies. That didn't prevent Aussie from falling further, though the momentum has waned noticeably ahead of the holidays.

The pair is finding some support near 61.8% retracement of the December 2015 - April 2016 upswing, the long-term trendline zone, drawn off of 2001, 2008 and 2016 lows, and the May 2016 low. 0.7250 is the initial resistance.

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