• NY opened near 0.6890 after 0.6885 traded in Europe's morning, the pair then lifted

• Abatement of USD buying & rally in equities helped the pair traded 0.6906

• The rally stalled though as risk sentiment soured & USD/CNH rallied to 6.8195

• Equities turned lower & gold, silver and copper all suffered significant drops

• AUD/USD fell back toward the overnight low, it traded down -0.43% in NY's afternoon

• Techs are bearish; RSIs indicate downward momentum, pair trades below 10- & 21-DMAs
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)