Australian CPI y/y Wednesday is the only data focus this week for the Australian Dollar (AUD), New Zealand Dollar (NZD) cross. Predictions are for a jump to the December figure from 2.50% to 2.60% y/y. CPI in Australia is expected to rise above 3.00% in the second half of 2025 before returning to the target range of 1-2% in 2026. We think setbacks by the AUD should be well supported at 0.9000 with the continuation of the bear channel resuming towards 0.8985 (1.1130)
Current Level: 1.1064
Resistance: 1.1150
Support: 1.1050
Last Weeks Range: 1.1062 – 1.1173