With Australian CPI data due out in the new trading day, what levels are in play?

Australia’s CPI data for the quarter will be released as part of new trading day rotations, with it moving down to 1.0% from 1.4% last quarter. The year-on-year level of the CPI still remains comfortably above the inflation targets (5.4%). Technically, the AUDUSD price rebounded today after testing its 200-day moving average yesterday and today. […]