• AUD/USD +0.1% Thur; Jun building approvals jump 7.2% (Reuters poll -1.0%)

• Sell AUD strength toward 0.7020-25 zone, expect drift toward 0.6908 200-DMA

• RBA likely on hold after Wed's cooler than expected inflation update

• U.S. fulfills retaliation threats with fresh air strikes on Iran

• DXY remains 0.5% lower in wake of FOMC decision to leave FFR unchanged

• Range Asia 0.6950-655 support 0.6920 0.6866 0.6834, resistance 0.7027
AUD Daily 200-DMA

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