AUD/USD opens -1.2% as USD broadly gained and risk assets fell

Soft data and US banking concerns weighed on global growth outlook nL1N3781N3nL1N3781HSnL4N3782WK

Global growth concerns sent NY copper plunging nearly 3.5% nL8N37834I

USD and JPY benefited from safe-haven flows as AUD/JPY fell around 1.0%

AUD/USD below the 10-day MA (0.6612) and testing 21-day MA (0.6694)

More support is at the 61.8 of the 0.6573/0.6818 move at 0.6666

A break below 0.6665 targets the 2023 trend low at 0.6564

Resistance is at the 100-day MA at 0.6791

Sentiment is bearish as investor sentiment has turned cautious

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