• NY opened near 0.7155 after 0.7115 traded overnight, pair steadily rallied in NY

• USD selling, softer US yields helped to drive AUD/USD upward

• Erosion of most losses for stocks, gold, silver & copper added buoyancy

• AUD/USD filled the gap from Friday's close, turned positive, then traded 0.7178

• USD/CNH drop toward 6.8150 helped AUD/USD trade up +0.09% late in the day

• Daily bull hammer candle formed, it follows Friday's daily inverted hammer candle

• Today's, Friday's candle suggest AUD/USD is consolidating recent gains, a bull signal
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)