• AUD/USD invalidated Thursday's bearish signals today, traded 0.7111-0.7166

• Pair hit a 2-1/2-month high as the USD seems unwanted by investors

• US dollar alternatives were sought which helped boost AUD/USD

• Gold, silver, Bitcoin rallied significantly & equities traded higher

• USD/CNH drop to a fresh 3-1/2- low of 6.7180 contributed to AUD/USD's lift

• AUD/UD leaped above the 61.8% Fibo of the 0.7277-0.6867 decline

• Rising daily, monthly RSIs & pair's hold above 10- & 21-DMAs are bullish signals

• 76.4% Fib of 0.7277-0.6867 & June's monthly high at 0.7190 are key resistances
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)