• AUD/USD -0.2% Mon after paring early U.S.-Iran war related losses

• Hormuz shuttered, Iran avoids peace talks, Trump threatens new air strikes

• AUD targeting 0.7250-85 resistance zone, but remains news captive for now

• Hawkish RBA has futures pricing in 73.9% probability of May hike

• U.S. Mar retail sales due Tue; Apr S&P flash PMIs due Thu

• Range Asia 0.7115-633, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Weekly 52-WMA

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