• AUD/USD rallied to 0.6299 in Asia on US yield , USD/CNH drops

• Sellers emerged however; yen buying sank AUD/JPY which weighed on AUD/USD

• Iron-ore , stock drops added weight as did USD/CNH's bounce

• Trump post saying "Today is the big one: reciprocal tariffs" also weighed

• 0.6259 hit in Europe morning, NY opened near 0.6265, pair down -0.28% early

• Move below daily cloud and 10-, 21- & 55-DMAs concern AUD/USD longs

• Rising monthly RSI, monthly bull hammer gives longs some comfort though

• US weekly jobless claims, January PPI are key data risks in NY Thursday
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)