• NY opened near 0.6410 after 0.6457 traded overnight, the drop extended

• Flows into US assets like stock & US Treasuries helped drive US$ buying

• Bid for the Japanese yen drove AUD/JPY down below 93.15

• Those helped AUD/USD hit 0.6391, pair neared 0.6400 late, down -0.43% late

• Techs lean bearish; RSIs are falling, pair below the 10-, 21- & 200-DMAs

• May's monthly doji candle reinforces the bearish technical signals

• US May University of Michigan report is a key risk Friday
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)