SYDNEY, May 11 (Reuters) - The Australian and New Zealand dollars slipped on Monday as U.S.-Iran peace talks remained unresolved, although the currencies held firm as global stocks stayed resilient.

President Donald Trump on Sunday rejected Iran's response to a U.S. proposal for peace talks to end the war, saying Tehran's demands were "totally unacceptable." Brent crude futures LCOc1 rallied over 3%, but equities were largely untroubled by the news; Wall Street futures were mostly flat.

The muted reaction from stocks meant the Aussie only slipped a fraction, down 0.2% to $0.7234 AUD=D3. It rallied 0.6% last week to a four-year peak of $0.7277. Support is around $0.7198 and $0.7136.

The kiwi dollar was also 0.2% softer at $0.5955 NZD=D3 after jumping 1.2% last week. Resistance comes in at a two-month top of $0.5991, with support around $0.5926 and $0.5858.

Deutsche Bank on Monday predicted the Aussie could hit 76 cents by the end of the year on a resilient global economy and favourable interest rate differentials.

"The last time AUD enjoyed this level of rate support, it was trading higher, or much higher than current levels," said Lachlan Dynan, a macro strategist at Deutsche Bank. "So 0.76 hardly seems lofty in that context."

In the week ahead, Australia's government will release its annual budget on Tuesday where spending restraint has been pledged to help fight inflation. A smaller-than-forecast deficit is expected, as well as changes to investment taxes that have long been criticised for skewing housing ownership towards wealthy investors.

The budget usually holds few surprises for markets, but the changes to capital gains taxes and other rules could make investing in equities more attractive than housing, said Richard Schellbach, an equity strategist at UBS.

On Wednesday, Australia will publish wages data for the first quarter as policymakers debate whether a fourth rise in interest rates this year is needed to dampen demand. Forecasts are for a quarterly rise of 0.8%, unchanged from before, while the annual pace is expected to slow a little to 3.3% from 3.4%.

Swaps imply an 18% probability that the Reserve Bank of Australia will raise interest rates to 4.6% in June, but a move in August is about 82% priced in. 0#AUDIRPR