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• AUD/USD flat Tue, momentum uplift needed to challenge 0.7250-85 resistance
• Trump unhappy with Iran's peace proposal because nuclear issue not addressed
• U.S. Apr consumer confidence due Tue, Reuters poll: 89.0 (91.8 prior)
• Pivotal AU Q1 CPI due Wed (poll +4.2% y/y), will solidify RBA expectations
• No change anticipated from FOMC Wed, Powell's last meeting as Fed Chair
• Range Asia 0.7183-945, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)