• 0.64275 traded in Asia, hit 0.6375 in Europe, NY opened near 0.6395, pair slid lower

• Drop ensued despite the rise in US weekly and continuing jobless claims

• Pair's fall intensified after US April ISM mfg PMI & its employment component

• US yields , US$ rallied; USD/CNH rallied above 7.2815

• Equities rallied sharply and gold fell over 2.2% on the session

• AUD/USD hit 0.63675 then near 0.6375, pair was down -0.44% inNY's afternoon

• Move below 10-DMA, falling RSIs, inverted daily hammer may be worries for longs

• US April NFP and unemployment data are key risks in NY for Friday
audusd


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