AUD/USD opened -1.43% at 0.6472 after hot US ECI sent US yields higher nL1N3H32MN
AUD/USD consolidated in a 0.6465/80 range as much of Asia was on holiday
AUD/USD is under pressure after closing below the 10-day MA at 0.6483
Next support is at the 61.8 of the April rise at 0.6448
A break below 0.6445 targets the April trend low at 0.6362
Resistance is at the 10-day MA at 0.6483 and 21-day MA at 0.6504
Market is positioned for a hawkish hold when the Fed decides later today
Key for AUD/USD will be bond and equity market reaction to Fed event
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