• AUD/USD has traded a 20 pip range thus far Friday; 0.7115-0.7135

• 0.7115 is 4.4 pips above Thursday's base (lowest level since April 14)

• Safe-haven USD supported by Middle East uncertainty

• AUD/NZD rises towards 1.22 again (AUD/NZD was last at 1.22 in 2013)

• Australian March CPI data due on April 29: jump expected, to 4.7% (Reuters poll)

• Even hotter print would increase probability of another RBA rate hike in May

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(Robert Howard is a Reuters market analyst. The views expressed are his own)