• NY opened near 0.6325 after AUD/USD rallied 0.6279-0.6330 overnight

• Pair steadily fell in NY trading on firmed US yields , US$

• USD/CNH rally above 7.2810, equity losses boosted the US$

• AUD/USD hit 0.6279 as risk soured further on the latest tariff reports

• AUD/USD bounced slightly but traded down -0.11% in NY's afternoon

• Falling daily RSI, move below 10- & 21-DMAs are concerns for AUD/USD bulls
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)