• AUD/USD +0.15% late Wed as positivity on U.S.-Iran peace prospects continues

• Gold +4.2% as UST yields dipped with Brent crude staying below $80 a barrel

• Iran threatens to hit Gulf states it the U.S. renews its attacks

• Attention switching to U.S. Jul non-farm payrolls due Fri (poll +80k)

• AUD needs break above 0.7088 resistance to trigger next leg higher

• AU Jul balance of goods due Thur, Reuters poll consensus 1.1 bln deficit

• Overnight range 0.7040-65 support 0.6920, resistance 0.70885 0.7200
AUD Daily 55-DMA


Gold Daily 21-DMA

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