• AUD/USD slid to 0.7078 overnight, buyers emerged, a 1-month high then traded

• Pair hit 0.7123 heading into NY's open, highest level traded since March 18

• US$ selling, US yield drop, USD/CNH drop to 6.8109 buoyed AUD/USD

• Rallies in gold, silver, copper & equities also helped to fuel AUD/USD's rally

• Techs lean bullish; RSIs are rising, pair above daily cloud & slew of daily MAs

• March 18 daily high is resistance, March monthly high is resistance thereafter

• US March PPI, comments from Fed's Barr, Collins are risks during NY hours
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)