• AUD/USD -0.4% from Thur 0.7060 high as Middle East peace hopes begin to fade

• Iran's parliament reviewing bill that bans U.S. & Israel vessels from Hormuz

• Houthis stepping up attacks against in Yemen; Brent crude +4.5%

• U.S. initial jobless claims 199k (poll 202k), Jul NFP due Fri (poll +80k)

• AUD 0.7088 resistance looks safe for now, drift toward 0.7014 55-DMA likely

• Overnight range 0.7023-445 support 0.6920 0.6866, resistance 0.70885 0.7200
AUD Daily 55-DMA

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