• AUD/USD traded 0.6885-0.6911 overnight, NY opened near 0.6900, up +0.09%

• Broad-based USD selling, UD/CNH's drop & rallies in gold, silver help buoy AUD/USD

• The pair remains in its recent consolidative range which is a bearish signal

• AUD/USD's hold below the 10- & 21-DMAs reinforce the bearish tech sentiment

• The pair's hold above the 200-DMA and rising daily RSI give bulls some comfort though

• US June payroll report & weekly jobless claims data are risks in NY's morning
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)