• AUD/USD down 0.35% in Asia as risk aversion reigns on U.S.- Iran escalation

• Opened at 0.6942 after closing at 0.6951 Fri, low of 0.6924 seen Monday

• U.S. crude up 4%, S&P 500 futures -0.45%, U.S. 2-year yield hits 16-mth high

• AUD/NZD -0.3% stays offered as RBA/RBNZ rate expectations re-priced

• AUD/JPY -0.1%; Japan to push GPIF to boost alternative investments

• US June inflation data, Fed Chair Warsh's Congress testimony key this week

• Resistance 0.6965-70, clear break opens 0.7000

• Support 0.6910-20, pivotal at 0.6878 200-day MA, daily close below bearish
AUD:

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