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• AUD/USD +0.1% Tue, activity subdued as U.S.-Iran impasse continues
• RBA monetary policy board member Harper concerned on persistent inflation
• AU raises minimum wage 4.75%, likely to compound inflationary pressures
• AU Q1 current account 27.1 bln deficit, Reuters poll consensus -23.2 bln
• Mixed messaging on Iran continues, peace talks may or may not have stalled
• AUD looks vulnerable to downside, drift towards 0.7080 support zone possible
• RBA officials Bullock & Kent to appear before Senate Committee Wed
• Range Asia 0.71575-67, support 0.7080 0.6834, resistance 0.7200 0.7283
AUD Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)