• AUD/USD rose on Wednesday as hotter-than-expected inflation data fueled expectations of additional interest rate hikes this year.
• January consumer prices rose 0.4% on the month, keeping annual inflation at 3.8%, partly driven by higher housing and healthcare costs..
• The key trimmed mean core inflation gauge rose 0.3% in the month, lifting the annual rate to 3.4% — above forecasts and the highest since the third quarter of 2024..
• That marked a seventh consecutive month above the Reserve Bank of Australia’s 2%–3% target range, heightening the risk of a strong inflation outcome for the March quarter overall.
•RBA Governor Michele Bullock will have a chance to offer her own reaction to the January CPI when appearing at a Melbourne University event later on Wednesday.
• Immediate resistance is located at 0.7143 (23.6%fib), any close above will push the pair towards 0.7178(Higher BB).
• Support is seen at 0.7047 (SMA 20) and break below could take the pair towards 0.7037 (38.2%fib).
Recommendation: Good to buy around 0.7040, with stop loss of 0.6970 and target price of 0.7110


Ethereum Reclaims $2,000 Handle: ETHUSD Stabilizes as Bulls Eye a Recovery
Aussie Eclipse: AUDJPY Slips Below 110.00 as Bearish Momentum Surges
Euro Retreat: EURUSD Slips Toward 1.14 as Dollar Strength Resurges
FxWirePro: USD/JPY slips as Japan intervention risk boosts Yen
NZDJPY Technical Outlook: Bearish Momentum Gains Traction as Kiwi Weakens
Kiwi Retreat: Yen Momentum Targets 90.00 Support
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
Bitcoin Retreats Toward Critical Support as Geopolitical Winds Shift
FxWirePro: AUD/USD AUD/USD softens as middle east problems compound
FxWirePro: EUR/NZD positions for another climb, eyes 2.0100 level
FxWirePro- Major European Indices
FxWirePro: USD/ZAR remains buoyant, looks to extend gains
Dollar Dominance: USDCHF Defies Resistance Amid Greenback Surge
FxWirePro- Major European Indices 



