AUD/USD opens unchanged after trading in a 0.6928/0.7053 range after US CPI

Whipsaw was due to big moves in US Treasury yields following the CPI nL2N2X315F

Hotter than expected CPI sent yields higher before they fell on growth concerns nL2N2X31QZ

Growth fears sent Wall Street lower after it was up early in the day nL2N2X32ZQ

AUD/USD rally fell short of 10-day MA - which came in at 0.7058 yesterday

It descends to 0.7042 today after being validated by the price action

Support is at Tuesday's 0.6911 low and break targets sub-0.6800

Global growth concerns will likely cap AUD/USD rallies as it trends lower

For more click on FXBUZ