• NY opened near 0.7130 after 0.7123 traded overnight, pair rallied in early NY

• Drops in USD, US yields , USD/CNH & oil helped boost the pair

• Gold, silver, copper & equity gains also helped the lift; AUD/USD hit 0.7149

• A bit of USD firmness saw the pair near 0.7140 late, pair was up +0.18% in NY's afternoon

• Head& shoulders on daily chart, falling monthly RSI are concerning signs for AUD/USD bulls

• US May payroll report Friday could determine if the bears signals get validated
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)