AUD/USD opens 1.0% higher after USD fell across the board on Wednesday nL2N2WI1PS

The US 10-year yield eased 10 BPs to take the shine off the USD for now

Commodity currencies outperformed despite mixed to lower commodities nL2N2WI0HC

AUD/USD closed above 10-day MA (0.7422) to shift the pressure to the upside

Resistance is at the 38.2 of 0.7661/0.7343 at 0.7464 and 21-day MA at 0.7469

Support is at the 10-day MA at 0.7422 with bids tipped around 0.7410

AUD/USD has proved resilient and risk is for more upside in short-term

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