• NY opened near 0.7130 after 0.7118 traded overnight, pair rallied in early action

• USD, US yield, USD/CNH drops & upward moves in gold, silver copper buoyed

• Equity gains and drops in oil prices also contributed to AUD/USD's buoyancy

• 0.7140 traded, sellers then emerged as USD, yields firmed & gold, silver fell

• AUD/USD turned lower, neared 0.7120, sat nearby late, was down -0.04%

• Daily RSI diverged on the 3-session high & a daily inverted hammer formed
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)