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(Adds Chart)
• AUD/USD +0.1% Tue, trading subdued in wake of volatile start to week
• AU household spending: Jun +0.8% (prior +1.3%), Q2 +0.7% (prior +0.7%)
• DXY +0.6% from Mon 99.42 low as immediate JPY intervention fears dissipate
• Oil prices retreat despite inconsistent reports of U.S.-Iran peace talks
• AUD fades back below 0.7017 55-DMA, drift toward 0.6920 support looks likely
• Range Asia 0.6997-0.7007 support 0.6920 0.6866, resistance
0.70885 0.7200
AUD Daily 55-DMA

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