AUD/USD steady at 0.6600 as RBA holds rates at 3.60% as expected

AUD/USD remains unchanged at 0.6600 following the Reserve Bank of Australia's decision to maintain its cash rate at 3.60%, meeting market consensus. The RBA's steady stance reflects its cautious approach to monetary policy amid mixed domestic economic signals and global uncertainty. Asian markets showed divergent performance following the announcement, with the Australian dollar finding equilibrium as traders had fully priced in the rate hold. The lack of hawkish signals from the RBA has capped any upside potential for the Aussie, while steady commodity prices provide underlying support. Technical levels show immediate resistance at 0.6620 (weekly high) and support at 0.6580 (200-hour moving average). With no immediate policy shifts expected, AUD/USD is likely to trade within a narrow range, with focus shifting to upcoming Chinese economic data that could influence the commodity-linked currency.