(Corrects typo in headline)

• NY opened near 0.7160 after 0.7176 traded overnight, slide extended in early NY

• USD, US yield , USD/CNH gains helped drive the pair down to 0.7147

• Buyers emerged however even as USD , yields & USD/CNH traded higher

• Rallies in gold, silver, copper, stocks, AUD/JPY helped lift AUD/USD off its low

• Sharp rallies in oil did not deter AUD/UD bulls

• The pair sat near 0.7160 late in the session, it traded up +0.13% in NY's afternoon

• Rising RSIs, pair's hold above the 10-DMA and daily cloud top are bullish signals

• Australia April S&P Global mfg, services & composite PMIs are risks in Asia
audusd


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