• AUD/USD +2.8% wtd as U.S.-Iran ceasefire delivering improved risk sentiment

• Pair moves towards striking distance of 0.71875 year-to-date high

• Israel seeking talks with Lebanon, eases concern of ceasefire derailment

• Strait of Hormuz shipping movements still effectively stalled

• RBA Deputy Governor Andrew Hauser speaking in New York Mon evening

• Range Asia 0.7071-855, support 0.6834 0.6660, resistance 0.7188 0.7282
AUD Weekly 52-WMA

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