• Off 0.05% in a busy and choppy 0.6212-0.6241 range on FX Matching

• Mixed CPI data, headline climbed from 2.1% to 2.35, but core slipped to 3.2%

• Aus job vacancies rebounded - core at 3.2% suggests the RBA may ease earlier

• Pre CPI AUDIRPR priced 25.36pts in RBA cuts for April 1st - now 29.35pts

• Charts: 21-day Bollinger bands contract, daily momentum studies climb

• Mixed 5, 10 & 21 DMAs - weekly moving averages fall - modest bearish setup

• 0.6170 2022 low a strong base - break would target 0.5980 April 2020 low

• Monday's 0.6302 high and Dec 16 0.6382 top are the first resistance
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)