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• AUD/USD -0.7% from Tue 0.7071 high as U.S.-Iran deterioration weighs
• U.S. launces fresh strikes on Iran in response to downed Apache helicopter
• Trump had earlier foreshadowed retaliation, puts peace deal in doubt
• CN May inflation data & U.S. CPI due Wed, U.S. May PPI due Thur
• 0.7080 resistance tough to break from here, expect further downside pressure
• Overnight range 0.7005-625, support 0.6834, resistance 0.7080 0.7200
0.7283
AUD Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)