AUD/USD elicited support pre-0.7200 after extending south from 0.7267

There is a large 0.7200 option expiry Friday. 0.7267 was Powell-spurred high

Fed chief poured cold water on the idea of 75 bps Fed hikes nL2N2WW1W8

0.7126 was AUD/USD low shortly before Powell addressed 75 bps hike question

Drop towards 0.7200 influenced by China's Caixin PMI miss nL2N2WX05B

Negative news from China can weigh on AUD, re: proxy status of AUD vs CNY