• NY opened near 0.6380 after pair traded 0.64215-0.6375 overnight, pair lifted in NY

• US yield weighed on the US$; USD/CNH fell towards 7.2850

• AUD/JPY, equity , copper rallies helped to underpin AUD/USD

• 0.6403 traded before pair dipped slightly, AUD/USD was down only -0.21% late

• Support from 10-DMA, rising monthly RSI, monthly bull hammer are bullish signals

• AUD/USD's consolidation phase reinforces the bullish signals
audusd


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