AUD/USD opened 0.43% lower at 0.7647 after USD broadly strengthened nL1N2L61JE

It traded 0.7657 early when E-minis opened higher and Tokyo bought AUD/JPY

It reversed after the Tokyo fix and Shanghai Comp fell around 2.5%

AUD/USD fell to 0.7621 - close to the 38.2 of 0.6990/0.8007 move at 0.7618

The Shanghai Comp recovered most of the losses and AUD/USD whipped higher

USD lost some of its bid, as the US 10-yeay yield eased to 1.56% from 1.59%

Heading into the afternoon the AUD/USD was trading around 0.7655

Recovery validates the 0.7618 level as solid support for now

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