• NY opened near 0.7170 after AUD/UD traded 0.7223-0.7140 overnight, the pair fell again

• US yield , rates gains helped USD add to overnight gains

• Gold, silver, copper & stocks fell while USD/CNH rallied as risk-off dominated

• AUD/USD fell to 0.7144 then bounced as the USD softened after Europe's close

• 0.7160 was neared, the pair was down -0.82% for the day in NY's afternoon

• AUD/USD traded down nearly -1.2% for the week heading into the weekend

• Techs lean bearish; RSIs indicate downward momentum, pair below 10- & 21-DMAs

• A monthly inverted hammer is in place for May, reinforces bearish signals
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)