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• NY opened near 0.7030 after 0.6997 traded overnight, rally extended in NY
• USD, US yield , USD/CNH drops helped drive AUD/USD upward
• Fresh all-time highs in equities & gains in gold, silver, copper aided the lift
• AUD/USD hit 0.7042, the pair traded nearby late, it was up +0.56% late in the day
• The pair's hold above the 10-, 21- 55- and 200-DMAs are bullish tech signals
• Rising daily, monthly RSIs, August's long legged doji add
to bullish sentiment
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(Christopher Romano is a Reuters market analyst. The views
expressed are his own)