<p>Australia CPI rose 0.9% qoq in Q4, above expectation of 0.7% qoq. Annually, CPI accelerated from 0.7% yoy to 0.9% yoy, above expectation of 0.7% yoy. RBA trimmed mean CPI came in at 0.4% qoq,
<p>The configuration is positive. Our pivot point stands at 1.0900. Our preference: the upside prevails as long as 1.0900 is support. Alternative scenario: below 1.0900, expect 1.0881 and 1.0870
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