• NY opened near 0.6490 after AUD/USD rallied overnight, 0.6495 then traded

• Sellers emerged however, AUD/USD turned lower, 0.6452 hit, pair down -0.32% late

• USD/CNH rally off its low helped drive AUD/USD downward

• Pair fell despite equity , yield drops & gold rally toward flat

• AUD/UDS's price action now has technicals highlighting some downside risks

• Daily & monthly inverted hammer candles formed, daily RSI is falling

• AUD/USD's hold below the 10- & 21-DMAs reinforces the bearish signals
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)