AUD/USD flows: Chicken? Or not?

While Trump said he had a great discussion with Iranian counterpart and decided to postpone the strikes, Iran does not seem to agree. The theatrics continues on Tuesday Asia session as we see headlines about Gulf states edge toward war. It is something never occurred in previous U.S., Israel-Iran geopolitical conflict. Such will be a big escalation if materialize.

AUD/USD is trading 0.6% lower at 0.6968.