• AUD/USD rose higher on Wednesday after a stronger-than-expected inflation print reinforced bets of a hawkish RBA policy outlook.
•Australian consumer inflation accelerated for a fourth straight month in October, a new data series showed on Wednesday, prompting markets to scale back expectations of further easing and even consider the risk of a rate hike.
• Data from the Australian Bureau of Statistics showed the monthly CPI rose 3.8% year-on-year, the fastest pace in 10 months and above the 3.6% forecast.
• The trimmed mean measure of core inflation quickened to 3.3% annually in October, up from 3.2% in September.
• Investors sharply pared their expectations for the Reserve Bank of Australia to deliver one final rate cut in May next year, with odds falling to just 8% from 40% previously.
• Immediate resistance is located at 0.6515(50%fib), any close above will push the pair towards 0.6595(61.8%fib).
• Support is seen at 0.6467(Daily low) and break below could take the pair towards 0.6438(38.2%fib).
Recommendation: Good to buy around 0.6480, with stop loss of 0.6430 and target price of 0.6560


AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: USD/JPY caught in narrow range, bias bearish
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro- Major European Indices
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro: GBP/USD dips on UK GDP data miss 



