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• AUD/USD hit a 10-session high of 0.7205 overnight; USD, US yield drops buoyed
• Sellers emerged however, 0.7184 hit in Europe, NY opened near 0.7190, pair was down -0.16%
• USD/CNH, oil gains & drops in gold , silver
weighed on AUD/USD
• A daily doji formed & daily RSI diverged on the high, could be concerns for AUD/USD bulls
• Consolidation of gains off April 13 low, rising monthly RSI give bulls some comfort however
• US April S&P Global and ISM manufacturing PMIs are data
risks in NY's morning
audusd

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