• NY opened near 0.7240 after 0.7264 traded overnight, down move extended in NY

• US yields firmed after April retail sales, weekly jobless claims reports

• Overnight USD buying intensified while gold, silver prices moved downward

• USD/CNH rallied off its 6.7817 low and neared flat on the session

• AUD/USD dipped below the 10-DMA, traded 0.7217 before bouncing slightly

• Pair lifted back above the 10-DMA, sat near 0.7225 late, was down -0.45%

• Techs lean bullish; monthly RSI rising, pair is consolidating gains off the April 29 low

• Hold above the 61.8% Fib of 0.8007-0.5910, widening Bolli bands are bull signals
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)