• NY opened near 0.7030 after 0.7045 traded overnight, pair's fall then extended

• Rally in US yields helped overnight USD buying extend in NY

• Gold, silver, stock drops & USD/CNH gains reinforced the broad-based USD buys

• AUD/USD fell below the 200-DMA, pierced the 61.8% Fibo of 0.6867-0.7238

• A 2-month low of 0.7007 traded before the pair bounced slightly

• Some USD selling lifted AUD/USD near 0.7015 late, the pair was down -0.36%

• Techs are bearish; pair below the 200-DMA, daily, monthly RSIs are falling

• September's monthly inverted hammer candle reinforces bearish tech signs
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)