• AUD/USD +1.0% Wed as Trump announces 2-week pause on Iran military attacks

• Says ceasefire double-sided & is subject to full re-opening Strait of Hormuz

• WTI plummets 8.7%, gold +2.3%, DXY down 0.5% from Tue 100.15 high

• AUD break above 0.7018 55-DMA likely to invigorate buyers short-term

• U.S. Feb durable goods -1.4% m/m (poll -1.0%), Feb PCE & Q4 GDP due Thur

• Range Asia 0.6969-0.7042, support 0.6834 0.6660, resistance 0.7188 0.7282
AUD Daily 55-DMA

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