AUD/USD opens +0.33% as USD broadly eased when US yields reversed lower nL1N3BT21G

The 10-year had an outside day reversal and so did the AUD/USD

AUD/USD fell below 0.6300 for 7th time in 15 days before US yields reverse

On each dip below 0.6300 dip buyers have come in ahead of 0.6285

A clear break below 0.6285 targets the 2022 trend low at 0.6170

Resistance is at 55-day MA at 0.6409 and break would suggest bottom in place

RBA Governor Bullock speaks today and may impact RBA expectations

Risk assets marginally higher, but investors remain cautious

Bias for AUD/USD has turned bullish while 0.6285 holds on dips

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