• AUD/USD -0.2% in early Asia as US renews strikes on Iran

• U.S. allies in the region report more Iranian attacks on Sunday

• Risk aversion undermines AUD; Wall Street declines Fri as chips sell off

• U.S. crude futures rally to a more-than-one month high, sap risk appetite

• Failure at 38.2% Fibo of May-June drop at 0.7023 last Wed continues to weigh

• Support 0.6960-65, 0.6935-40, resistance 0.6990-0.7000, 0.7020-25

• Friday range 0.6966-0.7000, 0.6965-0.69765
AUD:

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