• AUD/USD +0.2% in early Asia on signs US-Iran stalled peace talks may resume

• Trump calls off bombing, Iran says it will halt strikes as long as US does

• US crude down 5.%, S&P 500 futures +0.7%, Nasdaq futures +1.25%

• Reports of Houthis attacking Saudi oil installations Sat may temper optimism

• Caution ahead of a risk-laden week may also lead to range trading

• RBA Governor Bullock speaks Tue; Australia Q2 CPI and Fed rate decision Wed

• Resistance 0.7023, 38.2% Fibo of May-June drop; more at 0.7050, 0.7070-75

• Support 0.6980-85, 0.6960-65; Fri range 0.6966-0.7001, Asia 0.6996-0.7007
AUD:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)