• AUD/USD rallied to 0.6946 then fell towards 0.6930 into NY's open

• The pair traded close to flat and held a tight range in overnight trading

• Rallies in gold, silver, equities & the drop in USD/CNH lifted the pair

• US yield gains & USD bounce from its low weighed the pair

• AUD/USD hold below 21-DMA & 0.6980/90 zone are concerns for bulls

• Hold above the 10-DMA & rising RSIs give bulls some comfort though

• US weekly, continuing jobless claims are risks in NY's morning
audusd


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