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• AUD/USD pierced the 21-DMA, fell to 0.7136 after the RBA hiked rates 25 bps
• Buyers emerged however as the USD, US yields , oil sank
• Rallies in gold , silver , stocks , AUD/JPY aide AUD/USD's bounce
• 0.7174 traded in Europe's morning, NY opened near 0.7165, the pair was down -0.05%
• Long legged doji candle, ongoing consolidation of gains off March 31 low are bull signals
• US March int'l trade, April ISM non-manufacturing PMI are
data risks in NY's morning
audusd

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