AUD/USD opens -0.27% - but well off the intraday low at 0.6629

Plunge lower was due to heavy unwinding of AUD/JPY by Japanese investors nL1N33A22T

Recovery to 0.6680 helped by positive close on Wall Street nL1N33A2JM

Buoyant commodities also helped to cushion the fall nL4N33A34DnL1N33A24H

AUD/USD traded below 100-dy MA (0.6662) but managed to close above

More support at 38.2 of 0.6170/0.6893 move at 0.6616

Break below 0.6618 would likely be start of fresh trend lower

Resistance is at 0.6740/50 where the 10 & 21-day MA converge

Key in Asia will be AUD/JPY flows out of Tokyo after Wednesday's plunge

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