• AUD/USD +0.2% wtd, but downside risk mounts as traders pare rate hike bets

• Wed's cooler than anticipated CPI update confirms breathing room for RBA

• Futures pricing implies 92% chance that RBA holds OCR steady in Jun

• AU Q1 capital expenditure due 0130 GMT, Reuters poll consensus +1.0% q/q

• AUD will struggle to ascend above 0.7184, targets break below 0.7080

• Trump says may have to 'blow up' Oman, not satisfied with Iran deal

• Overnight range 0.7124-50, support 0.7080 0.6834, resistance 0.7184 0.7283
AUD Daily 55-DMA

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