AUD/USD opened 0.6735 after falling 1.26% to 0.6726 Friday

After early dip to 0.6723 it firmed to a session high at 0.6741

Heading into the afternoon it is trading around 0.6730/35

AUD/USD correcting severely over-sold daily readings in RSI and slow stochs

Trend is bearish with the 5, 10 & 21-day MAs in a bearish alignment

A break above the 10-day MA at 0.6849 needed to relieve downward pressure

AUD/USD finding buying interest around the 100-day MA at 0.6730

More support is at the 50% of the Oct/Feb rise at 0.6664

AUD/USD likely to remain pressured while US yields move higher

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