• AUD/USD holds below 0.63 as Australian budget news digested

• There is a 0.6300 option expiry for the 10am ET NY cut; A$445 million strike

• 0.6295 was Asia high (0.6305 was Monday's high; 0.6306 was Friday's high)

• U.S. March consumer confidence index due at 1400 GMT; 94 f/c vs 98.3 in Feb

• Aussie inflation data due 0030 GMT; 2.5% f/c. RBA rate hold expected April 1

• AUD/USD support levels include 0.6258 (Friday low) and 0.6235 (March 5 low)

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