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• NY opened near 0.6935 after 0.6914 traded overnight, pair rallied early
• USD, US yields fell after the US September payroll data
• Gold, silver, copper, stocks rallied while USD/CNH fell to 6.7008
• AUD/USD hit 0.6976, bulls couldn't add to those gains however
• USD, yields moved upward while gold and silver turned lower
• AUD/USD neared 0.6945 late, it traded up only +0.23% in NY's afternoon
• Techs are mixed; daily RSI rising but pair is below the 10- & 200-DMAs
• AUD/USD could be entering a consolidation phase, also a
bearish signal
audusd

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