• NY opened near 0.7135 after AUD/USD traded 0.7115 overnight, choppy action early

• Pair rallied to 0.7151 then neared 0.7125 but bull then took control on upbeat risk

• Reports Iran, US delegates to meet in Pakistan for talks fueled the rally in riskier assets

• Oil , USD, US yields & USD/CNH all traded downward on the news

• Gold , silver rallied & stocks put in solid gains on hopes for peace

• AUD/USD rallied to 0.7155 then dipped slightly, the pair traded up +0.30% late in the day

• Rising daily, monthly RSIs, piercing of the 10-DMA give techs a bullish lean
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)