• AUD/USD -0.5% from Thur 0.71655 high, remains acutely sensitive to Iran news

• Activation of air defence systems across Tehran spooking markets Thur

• AUD grinding lower ahead of weekend, no major support within close proximity

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

• U.S. initial jobless claims 214k, S&P composite PMI 52.0 (polls: 210k, 50.5)

• Overnight range 0.71106-63, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Daily 55-DMA

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