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• AUD/USD -0.4% Tue, meeting minutes show RBA thinks OCR slightly restrictive
• RBA sees breathing space to see how economy reacts Iran war developments
• RBA's Hunter expects oil price inflation to be passed through quickly
• Iran tables fresh peace proposal, Trump says 'very good chance' of deal
• DXY recovers 0.1% in Asia post-overnight losses prompted by peace hopes
• AUD bears targeting 0.7100 support, break below would expediate downswing
• AU Apr employment update Thur, Reuters poll: +17.5k jobs, 4.3% unemployment
• Range Asia 0.7140-774, support 0.7100 0.6834, resistance 0.7283 0.7661
AUD Daily 55-DMA
DXY Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)