• AUD/USD -0.1% Tue, trading subdued in wake of U.S. Memorial Day holiday

• Fresh U.S. military strikes in southern Iran leaves markets on edge

• Trump's mixed messaging on Iran continues; Brent crude +2.1% in Asia Tue

• Iran representatives talking with Qatari officials on potential peace deal

• AUD upswing momentum fading, resistance forming 0.7180-85 region

• AU Apr monthly CPI update due Wed, Q1 capital expenditure data Thur

• Range Asia 0.71645-76, support 0.7080 0.6834, resistance 0.7283 0.7661
AUD Daily 55-DMA

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