AUD/USD opened -0.20% at 0.6515 after a volatile US session

It completed a bearish outside day after trading 0.6617 in wake of US CPI nL1N39R1CK

After trading 0.6510 it moved higher in Asia and traded up to 0.6533

Heading into the afternoon the AUD/USD is settled around 0.6525

AUD/USD may have received a small boost from RBA Lowe's comments

Lowe said that more tightening may be needed, but was otherwise neutral nL1N39R3HI

E-Minis and Dalian iron ore firmed early before giving back the modest gains

AUD/USD buyers are tipped around 0.6500 with support at 2023 low at 0.6459

Resistance is at 10-day MA at 0.6567 and close above would ease the pressure

Technical bias is negative after the bearish outside day

China scepticism will likely limit rallies in the short-term

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