• NY opened near 0.7120 after AUD/USD traded downward in Asia & Europe

• The pair swung wildly in early NY, hit 0.7143 then fell to 0.7117 quickly

• Buyers emerged as USD buying abated & yields softened

• Equity gains, silver's bounce off its low & oil's slump helped buoy AUD/USD

• AUD/USD neared 0.7140 and traded down only -0.18% in NY's afternoon

• Techs lean bearish; RSIs indicate downward momentum, pair below 10- & 21-DMAs
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)