• AUD/USD rallied 0.6470-0.6512 overnight as US$ slid on softer yields

• Sellers emerged, NY opened near 0.6490 pair traded up only +0.25% i n early action

• USD/CNH rally off its low,, AUD/JPY turn lower & gold's
drop weighed

• AUD/USD fell below the 10-DMA but still traded above the 21-DMA

• Daily inverted hammer candle formed but monthly, daily RSIs are rising

• Fed policy decision, SEP & Powell's press conference are risks in NY

• Ongoing Israel-Iran conflict may help to mute reaction to the Fed meeting
audusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)