• AUD/USD flat Tue as Middle East stalemate continues to keep markets edgy

• Oil prices creeping higher in Asia, Brent crude & WTI both +1.0%

• Iran's nuclear issue omission from peace proposal roils Trump

• AUD needs fresh catalyst to prompt challenge of 0.7250-85 resistance

• Critical AU Q1 CPI due Wed (poll +4.2% y/y), will clarify RBA OCR pathway

• U.S. Apr consumer confidence due Tue, Reuters poll: 89.0 (91.8 prior)

• No change expected from FOMC Wed, Powell's final meeting as Fed Chair

• Range Asia 0.7174-945, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Hourly Bollinger Study & DXY Daily 55-DMA

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