• AUD/USD -0.5% from Tue 0.7185 high as oil rises & gold slips on Iran news

• Trump extends Iran ceasefire indefinitely but leaves naval blockade in situ

• Iran considers blockade continued hostility, Strait of Hormuz fully closed

• Fed nominee Warsh champions independence, made no rate cut promises to Trump

• AUD next target 0.7250-85 resistance, but needs fresh news flow

• RBA officials Hunter & Plumb appear before Senate productivity committee Wed

• U.S. Mar retail sales +1.7% m/m (poll +1.4%); Apr S&P flash PMIs due Thur

• Overnight range 0.71305-85, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Hourly Bollinger Study & DXY Daily 55-DMA

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