• AUD/USD +0.1% Mon in subdued trading ahead of RBA meeting outcome Tue

• RBA monetary policy meeting in progress, 25 bps OCR hike anticipated

• Trump's plan to help ships caught by Strait of Hormuz meets scepticism

• Iran says U.S. has responded to latest proposal, consensus remains unlikely

• U.S. Mar factory orders due Mon, Reuters poll consensus +0.5% m/m

• Range Asia 0.7188-0.7228, 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.)