• NY opened near 0.6960 after 0.6916-0.6967 traded overnight, pair lifted early

• Upbeat risk helped the pair lift above the 10-DMA, hit 0.6966

• US yields firmed, USD rallied & risk sentiment turned sour

• Gold, silver and equities erased early gains and traded down in NY's afternoon

• AUD/USD fell toward 0.6935, traded up only +0.23% late in the session

• Daily inverted hammer, 10-DMA resistance, falling monthly RSI are bear signals
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)