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• AUD/USD +0.4% late Tue as oil price moderation improves broad risk sentiment
• U.S. & Iran flagging potential diplomatic engagement; WTI -7.0%, DXY -0.3%
• New energy metals hitting pre-war highs, nickel +2.9%, copper +1.9%
• AUD threatens challenge of 0.7188, break likely requires fresh catalyst
• U.S. Mar trade price data due Wed, AU Mar employment update Thur
• RBA Deputy Governor Andrew Hauser speaking in Washington D.C. Wed evening
• Overnight range 0.70925-0.7147, support 0.6834 0.6660, resistance 0.7188
AUD Weekly 52-WMA
(James Connell is a Reuters market analyst. The views expressed are his own.)