It hasn't been a big range for the AUD today, but it has been a positive one

The up move for the session began in earnest on the NAB Business Survey data (January):

and has continued after the Chinese inflation data:

0.77 has been a lid for it and its next big test

Through 0.77? Yes/No?

When?

What say FXL traders?

ps. Here's a bear case, or at least not a bull case: HSBC: The 3 factors that have driven the AUD are no longer in alignment