AUD/USD gets a check back after the RBA yesterday ...Middle East

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AUD/USD gets a check back after the RBA yesterday
The bottom line yesterday was that the RBA did not offer up a hawkish tilt for those hoping for one. But the central bank did keep the door open for rate hikes, if the data warrants for that in the months ahead. The aussie fell but not too much with AUD/USD holding just under 0.6600 for now. But that is still inviting a test of the 100-day moving average (red line) today:The key technical level is seen at 0.6577 and will be one to watch as we look to the second half of the week. Keep above that and buyers will still hold some semblance of upside momentum. But break below and sellers will feel like they can try and search for a renewed downside leg.Looking at the near-term chart though:The pr

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