• AUD/USD -0.2% Wed as oil supply concerns continue to re-escalate

• AU Q2 wage price index +0.8% q/q, +3.2% y/y (poll +0.8%, +3.2% respectively)

• RBA Deputy Governor Andrew Hauser fireside chat in Brisbane later Wed

• Strait of Hormuz access still restricted despite Trump's antithetical claims

• AUD in mean-reversion mode, slide toward 0.7034 21-DMA increasingly likely

• AU Jul jobs update Thur, Reuters poll consensus +15k jobs, 4.4% unemployment

• Range Asia 0.7069-885 support 0.6920 0.6866 0.6834, resistance 0.7130 0.7200
AUD Daily 21/100/200-DMA

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