• AUD/USD elicits support pre-0.6450 following drop from 0.6500 (Asia high)

• 0.6450 is a former resistance level (0.6451 was last Friday's high)

• Monday's high was also 0.6500 (high since 0.6537 six-month peak on May 26)

• Australia raises minimum wages by 3.5%. Australia C/A deficit narrowed in Q1

• RBA minutes showed central bank pondered 50 bps rate cut in May

• U.S. April JOLTS job openings data due at 1400 GMT; 7.1 million forecast

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