• NY opened near 0.7135 after 0.7123 traded overnight, choppy traded in early NY

• Broader rally resumed though as US$ sales emerged, Japan yen sales lifted AUD/JPY

• USD/CNH drop from its high, equity gains added weight on US$ buoyed riskier assets

• AUD/USD hit a fresh 1-month high of 0.7169, pair traded up +0.50% in NY's afternoon

• Techs lean bullish; RSIs rising, pair above daily cloud & many daily MAs

• Australia March jobs report, China Q1 GDP & March retail sales, industrial output are risks
audusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)