AUD crosses spiked higher on the back of a...>

AUSSIE: AUD crosses spiked higher on the back of a stronger than exp. AU Q4 CPI

print, headline CPI slowed to 1.8% y/y from 1.9%, vs. exp. 1.7%. Underlying

inflation measures hover around the RBA's assumption for Dec 2018 (+1.75% Y/Y),

with weighted median at +1.7% and trimmed mean at +1.8%. AUD/USD last $0.7173,

18 pips higher on the day. After breaching the 50-DMA/100-DMA at $0.7166/71,

having a brief look above yesterday's high of $0.7176, peaking at $0.7181, bulls

look for a break above the Jan 21 high of $0.7188 before challenging the $0.7200

level. Meanwhile, bears continue to target the 21-DMA at $0.7146. 

- AUD/NZD has jumped 41 pips, last trades at NZ$1.0512, peaking at NZ$1.0519 in

reaction to the release. Having moved through yesterday's peak at NZ$1.0497,

bulls eye the 50-DMA/21-DMA at NZ$1.0548/51 before attempting a run at the

NZ$1.0600 figure. Meanwhile, bears focus on yesterday's low of NZ$1.0467. 

- AUD/JPY has added 22 pips and last sits at Y78.50. Consolidation above

yesterday's peak at Y78.49 would allow bulls to target Monday's high of Y78.83,

ahead of the upper 1.0% 10-DMA envelope at Y79.13. Conversely, initial downside

focus falls on yesterday's low of Y77.96.