• NY opened near 0.7210 after 0.7205 traded overnight, pair rallied early NY

• Softer US yields , lifts in gold, silver, copper buoyed the pair

• USD/CNH drop toward 6.7060 also contributed to the pair's early lift

• A 4-month high of 0.7231 traded but the pair fell from its high

• Yields, USD firmed while gold, silver, copper traded softer

• AUD/USD neared 0.7220 late, it traded close to flat on the session

• A daily doji formed which suggests investors are a bit indecisive

• Monthly bull hammer, rising monthly RSI are bullish signals however
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)