• AUD/USD -0.3 from Mon 0.7129 high, but momentum remains tilted to topside

• Break above 0.7130 short-term resistance would trigger fresh acceleration

• Iran threatens Strait of Hormuz escalation over stalled peace negotiations

• Brent crude +2.9% to $91 a barrel as supply concerns come back into focus

• RBA Deputy Governor Andrew Hauser fireside chat in Brisbane Wed

• AU Jul jobs update Thur, Reuters poll consensus +15k jobs, 4.4% unemployment

• Overnight range 0.7101-29 support 0.6920 0.6866, resistance 0.7130 0.7190-00
AUD Daily 20/100/200-DMA

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