• NZD/USD -0.1% Mon, as markets cautiously digest weekend U.S.-Iran news

• Iran closed Strait of Hormuz Sat in response to Israel attacks in Lebanon

• Trump threatens fresh strikes, causes Iranian delegation to leave CH talks

• NZD looks to have entered solid downtrend, targeting 0.5680 support zone

• Futures pricing implies 80.4% chance of RBNZ hike Jul 8, but not helping NZD

• RBNZ Governor Breman will attend the annual closed-door BIS conference Fri

• Range Asia 0.57285-35, support 0.5680 5580, resistance 0.5990-95 0.6012
NZD Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)