AUD/USD elicited support by 0.6700 after sliding from 0.6750 (Asia high)

0.6704 was intra-day low at 0820 GMT; 0.6734 is subsequent high water-mark

Intra-day low was 5.5 pips shy of Monday's eight-week low nL1N3570QJ

Australian Jan inflation data due at 0030 GMT; weighted CPI f/c 8% YY

Hotter than expected print would cement expectation of RBA hike next week

Australia retail sales up 1.9% MM in Jan vs 1.5% forecast nL1N35801Z