AUD/USD opens +0.40% supported by Wall Street surge and firm commodities nL1N33B2ABnL1N33B0LX

AUD also underpinned by heavy short-covering in AUD/NZD

AUD/NZD up 1.20% after falling nearly 9% since early Oct - and was over-sold

AUD/USD resistance is at 0.6740/45 where the 10 & 21-day MAs converge

A break above 0.6745 would be bullish and target the 200-day MA at 0.6885

Support is at the 38.2 of the Oct/Dec rise at 0.6616

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