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• AUD/USD -0.2% Mon, trading subdued in Asia with Singapore market holiday
• No change the expected RBA meeting outcome 0430 GMT Tue, dialogue crucial
• U.S.-Iran claim peace progress but wider uncertainty continues to linger
• AU Q2 wage price index due Wed followed later by U.S. Jul inflation update
• AUD near major 0.7088 resistance, break above would enable topside extension
• Range Asia 0.7058-645 support 0.6920 0.6866, resistance 0.70885 0.7200
AUD Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)