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• NY opened near 0.7055 after 0.7016 traded overnight, rally extended in early NY
• USD, US yields , oil sank on report Iran, Israel halt strikes
• Gold , silver equities moved upward on the report
• AUD/USD hit 0.7078 then began sliding as the USD & US yields firmed up
• USD/CNH rally away from the 6.7800 area also helped AUD/USD move downward
• The pair dipped below 0.7050, AUD/USD traded up only +0.07% in NY's afternoon
• Daily RSI diverge don today's low, daily doji formed;
those give bulls some comfort
audusd

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