• AUD/USD +0.5% wtd in tentative trading as important inflation update looms

• AUD Apr monthly CPI 0130 GMT, Reuters poll consensus +0.6% m/m, +4.40% y/y

• Iran says latest U.S. strikes violate ceasefire, threatens retaliation

• Brent crude +3.4%, nears $100 a barrel on undermined Middle East peace hopes

• AUD resistance forming near 0.7185, fresh catalyst needed to avert slide

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

• Overnight range 0.7155-76, support 0.7080 0.6834, resistance 0.7185 0.7283
AUD Daily 55-DMA


AUD Weekly 52-WMA

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