AUD/USD opens 0.25% lower, maintains tenuous hold above support at 0.7000
Undermined by concerns over rising wave of virus infections in Europe & U.S.
Better than expected U.S. economic data & rising U.S. yields weigh
U.S. election uncertainty sparks flight to safe haven USD nL1N2HK0LP
Position squaring to dominate ahead of RBA, U.S. election on November 3
Support at 0.7000, break opens 0.6965, 0.6925-30; resistance 0.7050, 0.7075
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