AUD/USD Price Forecast: Holds above 0.7150 on soft USD; Fed/Iran risks curb upside

The AUD/USD pair attracts some buyers in the vicinity of mid-0.7100s at the start of a new week, stalling Friday's retracement slide from its highest level since mid-May. Spot prices, however, lack bullish conviction and remain below the 0.7200 mark through the Asian session.