• AUD/USD elicits support pre-0.6450 after drop from 0.6480 (Asia high)

• There are large 0.6450 and 0.6455 option expiries for the 10am ET NY cut

• Tuesday's range was 0.6447-0.6500. Australia Q1 GDP up 0.2% vs 0.4% f/c

• Trump says China's Xi "very tough, and extremely hard to make a deal with"

• Musk calls Trump's tax-cut and spending bill "a disgusting abomination"

• U.S. ADP data due 1215 GMT; 110k f/c. ISM services index 1400 GMT; 52.0 f/c

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(Robert Howard is a Reuters market analyst. The views expressed are his own)