• AUD/USD fell to 0.7164 in Asia, buyers then emerged, the pair turned positive

• Australian March employment report helped fuel a rally to 0.7197

• The pair hit its highest since June 2022, selling then took hold

• US$, oil buying & USD/CNH rally to 6.8235 weighe don AUD/USD

• AUD/USD matched Asia's low just ahead of NY's open, pair traded down -0.02%

• Daily techs warns bulls; RSI diverged & a gravestone doji candle formed

• Those signals suggest AUD/USD may be due for a corrective pullback

• Rising monthly RSI, pair's hold above daily cloud, many DMAs give bulls comfort
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)