• AUD/USD up 0.2% after RBA hikes its policy rate by 25 bps as expected

• 8 of nine votes in favour of hike, expects second round effects of oil spike

• AU Mar household spending +1.6% m/m as oil prices impact transport costs

• Challenge of 0.7250-85 resistance looks likely in coming session

• U.S.-Iran ceasefire in doubt as Iran targets ships and UAE oil port

• U.S. Mar international trade value data and Apr PMIs due Tue

• Range Asia 0.71521-71, 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.)