• AUD/USD fell to 0.6342 in Asia with help from Australia Q4 wage data

• Buyers emerged however; US$ sales & iron-ore gains lifted AUD/USD

• AUD/USD hit 0.6370 but bulls ran out of gas, sellers emerged

• US yield gains lifted US$; AUD/JPY fell towards 96.25

• Equities and gold sank to help buoy the US$

• AUD/USD hit 0.6345 in Europe's morning, NY opened nearby, down -0.09%

• Despite today's drop consolidation persists, is a bullish signal

• Rising monthly RSI, monthly bull engulfing candle add to bull signals

• US Jan. housing starts report, Fed minutes are key risks in NY
audusd

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