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• AUD/USD up 0.15% in Asia after trading in a 0.6960-0.6995 range
• Opened 0.6976 from Fri 0.6981 close, dipped to day low on Iran escalation
• U.S. strikes Iran for 9th day; allies in region report fresh attacks
• Dip-buyers emerge as 0.6960-65 support holds, rally back to day high ensues
• Failure at 38.2% Fibo of May-June drop at 0.7023 last Wed continues to weigh
• AUD/NZD risks further drop as key data loom; NZ Q2 CPI Tue, AU June jobs Thu
• Support 0.6960-65, 0.6935-40, resistance 0.6995-0.7000, 0.7020-25
AUD:
AUDNZD:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)