(Corrects line 7 to read Pair's hold below 10- & 21-DMAs helped reinforce the bearish tech signals)

• AUD/USD opened NY near 0.7130, traded a tight 0.7124-0.7136 range ahead of the Fed

• Pair traded near flat as gold, silver, stocks rallied & US yields , USD/CNH fell

• USD, US yields, USD/CNH rallied after the Fed's hike & latest SEP projections

• Gold, silver and equities eroded some gains which helped underpin the USD

• AUD/USD fell toward 0.7115, traded down -0.23% shortly after the decision

• Techs lean bearish; RSIs indicate bear momentum, monthly inverted hammer in place

• Pair's hold below 10- & 21-DMAs helped reinforce the bearish tech signals
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)