• AUD/USD up 0.3% to a 2-week high on JPY-led USD decline in Asia; DXY -0.3%

• Buoyed by positive risk sentiment; Iran-U.S. war fades into background

• Supported by broadly higher Asian stocks; Nikkei up 1.8%, ASX 200 +0.5%

• Bears exit short positions on lack of downside momentum

• Fed Chair Warsh's semiannual testimony next week eyed for policy clues

• AUD sales vs JPY and NZD limit rise; AUD/JPY sold on Japan Fin Min comments

• RBA/RBNZ rate expectations re-priced after hawkish RBNZ rate hike on Wed

• Resistance 0.6960-65, clear break opens 0.7000; support 0.6925-30, 0.6900

• Asia range 0.6934-0-.6969
AUD:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)