• AUD/USD -0.7% from when Israel-Iran news broke Fri; markets remain on edge

• Conflict escalated over weekend, counter attacks coming from both sides

• AUD remains reactive to geopolitical and broad risk sentiment for now

• Limited safe haven buying of USD lifting DXY from Thur 97.604 low

• FOMC decision Wed with no change expected, traders focus on statement tone

• U.S. growth concerns remain; debt/tariff issues will still weigh on USD

• AU employment data due Thur; AUKUS review concerning for AU-U.S. relations

• Range early Asia 0.6477-91, support 0.6447 0.6390, resistance 0.6550
AUD Daily 200-DMA & Daily DXY

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