AUD/USD opens unchanged @ 0.6805/10 after late Wall Street rally underpinned nL1N3532PI

US yields also reversed lower late in US session and took the USD off highs nL1N3531QS

AUD/USD traded as low at 0.6782 with the 38.2 of Oct/Feb move at 0.6780

It also managed to close above the 200-day MA which comes in at 0.6801 today

AUD/USD trending lower with the 5, 10 & 21-day MAs in a bearish alignment

Resistance is at the 10-day MA at 0.6880 and break would ease pressure

AUD/USD likely to consolidate ahead of US PCE index out later today

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