AUD/USD opened unchanged at 0.6940 after a whippy reaction to US CPI

It fell to 0.6911 early Asia when Tokyo sold AUD/JPY down 0.5% at the open

AUD/JPY buyers emerged ahead of 0.6900 and AUD/USD bounced back to 0.6952

Weak Asian equity markets limited gains and AUD/USD fell again nL2N2X4035

Small stops below 0.6910 were triggered and it traded to a 2-year low at 0.6905

Bids ahead of 0.6900 held again and it is back to 0.6920 into the afternoon

AUD/USD remains vulnerable as global growth concerns weigh on sentiment

A break below 0.6900 targets the 50% of 0.5510/0.8007 move at 0.6758

Resistance at 10-day MA at 0.7040 validated by yesterday's price action

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