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• AUD/USD -0.1% Thur in subdued trading, markets focussed on U.S.-CN meeting
• Iran war, Taiwan, trade & business all topics for Trump/Xi discussion
• Senate approves next Fed Chair Warsh, just as U.S. inflation concerns spike
• AUD 0.7280-85 resistance zone is a major inflection point short term
• U.S. initial jobless claims (poll +205k), Apr retail sales due Thur
• Range Asia 0.7247-605, support 0.7100 0.6834, resistance 0.7283 0.7661
AUD Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)