• NY opened near 0.6965 after 0.6996-0.6963 traded overnight, choppy trade early

• Dip toward 21-DMA met buyers as USD buying abated & yields

sank

• Equities turned up & gold, silver, copper bounced off their lows

• AUD/USD neared 0.6990 then dipped a bit, sat near 0.6980 late, was down only -0.09%

• A daily bull hammer formed & consolidation phase persists which are bull signals

• Rising monthly RSI, hold above 21- & 200-DMAs reinforce bullish tech signs
audusd


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