• 0.6942 traded overnight, sellers then emerged and a sharp fall ensued

• Broad-based USD buying, US yield gains weighed on AUD/USD

• Drops in gold, copper & UD/CNH's rally off its low added weight on the pair

• AUD/USD hit 0.6862, level last seen April 2; NY opened near 0.6875, down -0.80%

• Techs lean bearish; RSIs indicate downward momentum, pair below 10- & 21-DMAs

• Monthly chart shows bull pennant base breaks, Bolli bands contracting

• US Oct. payroll report, Nov. University of Michigan survey are risk in NY's morning
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)