• AUD/USD starts week near 2025 highs after trade fears rekindled Fri

• Broad USD selling supporting AUD/USD, May 7 0.6515 high under threat

• Trump attempting to put pressure on EU, floats 50% tariff from Jun 1

• Smart phone manufacturers (including Apple) threatened with 25% tariff

• Above 0.6449 200-DMA, pair needs to break 0.6550 resistance to extend rally

• Key AU Apr CPI & retail sales, Q1 capex data all due this week

• Michele Bullock to meet CN counterparts during RBA Beijing visit May 28-30

• Range early Asia 0.6488-97, support 0.6390 0.6355, resistance 0.6550
AUD Daily 200-DMA & DXY Daily

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