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• 0.6956-0.6931 traded overnight, pair fell to levels not seen since July 29
• Overnight gains in US yields, USD & USD/CNH weighed on the pair
• AUD/USD moved upward in Europe's morning however, turned positive
• NY opened near 0.6950, AUD/USD traded up +0.03% in early action
• US yields turned lower while USD & USD/CNH selling took hold
• Rallies in gold, silver and equities contributed to USD's drops, AUD/USD's lift
• Daily doji formed & daily RSI diverged on the low; could be warnings for bears
• US jobless claims, Sep. ISM manufacturing PMI are data
risks in NY
audusd

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