• NY opened near 0.7255, the pair neared 0.7260 as risk sentiment was up beat

• AUD/USD began sliding however as risk sentiment shifted downward

• USD, US yields <US2YT=RR, USD/CNH firmed up while oil

turned up

• Gold and silver eroded some gains & stocks traded lower to reinforce risk-off

• AUD/USD turned lower, hit 0.7225, the pair traded down -0.11% in NY's afternoon

• Falling daily RSI, daily inverted hammer might be concerns for bulls

• Rising monthly RSI, pair's hold above rising 10- & 21-DMAs gives bulls some comfort

• US April payroll report is a key risk for Friday
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)