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• 0.6995-0.6959 traded overnight, a fresh 2-month low was struck
• NY opened near 0.6970, pair was down -0.24% despite broad-based USD selling
• Pair was weighed down by Australia August CPI rising less than expected
• Australia yields fell sharply on the inflation data
• Drops in gold, silver and equities contributed to AUD/USD moving downward
• AUD/USD's fall stalled just short of the 76.4% Fibo of the 0.6867-0.7238 rally
• Falling RSIs, hold below 200-DMA, monthly inverted hammer are bearish signals
• US Sep. ADP jobs report, Aug. PCE are data risks in NY's
morning
audusd

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