Australia's monthly CPI declined to 3.5% yoy from the prior 3.8% in July, above the forecast of 3.4% yoy. CPI excluding volatile items and holiday travel eased to 3.7% from 4% yoy. This excludes Automotive fuel, fruit, and vegetables. The annual trimmed inflation was 3.8% in Jul, down from 4.1%.
Major resistance- 0.6875
Near-term resistance - 0.6825
Minor support- 0.67480,0.6720
Trend reversal level- 0.6650