AUD/USD hit a 3-day low overnight but then rallied into positive territory

The pair rallied above the 10-DMA as US rates EDM3US10YT=RR sank

Investors pricing in a lower terminal rate for the Fed weigh down the US$

AUD/USD's rally cleared 0.7046/54 resistance and the 21-DMA was pierced

The lift extended to 0.7069 before a slight dip took hold

Techs are growing bullish; brief consolidation phase ends, daily RSI rising

May's doji candle & possible diverging monthly RSI reinforce bullish techs

Close above 21-DMA, break of May 9 high should bolsters longs' confidence

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