• NY opened near 0.6510, dipped down to 0.6488 early, buyers emerged

• Pair then hit a 4-session high of 0.6519, traded up +0.75% in NY afternoon

• US yield slump helped drive broad based US$ selling

• USD/CNH drop, equity & copper gains reinforced US$ selling

• Drops in AUD/JPY and gold did not deter AUD/USD bulls

• AUD/USD techs lean bullish; RSIs rising & pair back above the 10- & 21-DMAs

• Australia May CPI & weighted CPI are data risks in Asia trading hours
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)