BUZZ-AUD/USD-Bears backtrack after Trump, Xi call

* NY opened near 0.6200 after trading a tight range overnight, drop ensued * US$ buying weighed on the pair; USD/CNH rallied up to 7.3578 * AUD/USD hit 0.61645; sharp rally ensued, pair turned positive, 0.62266 hit * Report of upbeat call between Trump & Xi rallied risk assets, sank US$ * USD/CNH fell to 7.3338, stocks ESv1 & yields US2YT=RR rallied * AUD/USD neared 0.6200 late as US$ firmed; USD/CNH rallied above 7.3450 * AUD/USD traded lower on the session, was down -0.17% late in the day * Monthly doji, long lower wick on daily candle may worry AUD/USD shorts * For more click on FXBUZ <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ audusd https://tmsnrt.rs/40AbwYy ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Christopher Romano is a Reuters market analyst. The views expressed are his own) (([email protected];))