• NY opened near 0.7150 after 0.7118 traded overnight, rally extended in early NY

• USD, US yields, oil & USD/CNH traded downward in early NY, AUD/USD then hit 0.7184

• Rallies in gold, silver & stocks bounce off its early lows helped prop up AUD/USD

• The pair then dipped as USD, yield, oil firmed while stocks turned lower

• 0.7155 traded, the pair then neared 0.7165 late; AUD/USD was up +0.20% late in the day

• Daily RSI diverged on today's low & a daily doji formed, they might be concerns for bears

• Falling monthly RSI, monthly inverted hammer candle give AUD/USD bears comfort
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)