AUD/USD opens -0.67% as USD broadly firmed on higher US yields nL2N3GP26DnL2N3GP2OU

AUD worst performer as metals fell after weaker China monthly China data nL2N3GP0MR

AUD/USD traded to a 5-month low at 0.6389 before finding bids

Minor support at a Nov 2023 weekly low at 0.6352 where more buying tipped

AUD/USD trending lower with the 5, 10 & 21-day MAs in bearish alignment

Objective of trend lower is the Oct 26 trend low at 0.6271

Resistance is at the 10-day MA at 0.6516 with sellers ahead of 0.6450

Downward momentum to persist while sentiment decidedly bearish

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