• AUD/USD flat Fri in subdued trading as U.S.-Iran contemplation continues

• Pivotal AU Q1 CPI update due Apr 29, will re-focus traders on hawkish RBA

• Futures market pricing currently implies 80.2% probability of May hike

• Trump rules out nuclear attack, says Lebanon-Israel ceasefire extended

• Tehran air defence systems activation, Israel threats keep markets on edge

• Range Asia 0.7128-35, 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.)