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• NY opened near 0.6985 after 0.6945 traded overnight, pair extended the rally
• 0.6993 traded as stocks, gold, silver gains & USD, US yields sank
• Rally ran out of gas however as USD, US yields, USD/CNH then firmed up
• AUD/USD slid away form the 21-DMA, neared 0.6975 late, traded up +0.45%
• Techs lean bullish; RSIs indicate upward momentum, pair above the 10-DMA
• Bull pennant on monthly chart reinforces the bullish tech
signals
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)