AUD/USD rallies 0.45% in Asia as Australia inflation hits 6-mth high in May

Core inflation up for 4th straight month, odds on a Aug rate hike narrow

Futures indicate a 32% chance of Aug rate hike from 12% before data

Rate cut seen unlikely until April as RBA stays higher-for-longer

AUD tests 0.6680 resistance break likely, opens rally to 0.6700-05 likely

Support 0.6650-55; AUD/JPY rallies to 17-yr high, targets 107.84, 2007 high

Asia range 0.6636-0.66785

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