• AUD/USD opens at 0.6942 after closing 0.1% higher at 0.6951 on Friday

• Early Asia range 0.6942-0.6951; Friday global range 0.6934-0.6969

• Trades with a slightly offered tone as Middle East tensions escalate

• Iran attacks Gulf states after US strikes, says Strait of Hormuz closed

• US conducts strikes on Iran missile systems around Hormuz, Axios reports

• US June inflation data, Fed Chair Warsh's Congress testimony eyed this week

• AUD/JPY key; Nikkei says Japan to push GPIF to boost alternative investments

• Resistance 0.6965-70, clear break opens 0.7000

• Support 0.6910-20, pivotal at 0.6878 200-day MA, daily close below bearish
AUD:

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