AUD/USD Firms Above 0.6600 on China Trade Data and Hawkish RBA

AUD/USD maintains bullish momentum above 0.6600, gaining 0.4% to 0.6615 as positive China trade data and hawkish Reserve Bank of Australia signals support the Australian dollar. China's November trade surplus expanded to $97.4 billion, beating expectations of $89.5 billion, with exports growing 6.7% year-over-year. The strong Chinese data bolsters demand for the commodity-linked Aussie dollar. Additionally, RBA officials have maintained their hawkish stance, suggesting interest rates will remain elevated for longer to combat persistent inflation running at 3.5%. Technical indicators show AUD/USD breaking above the 20-day moving average at 0.6590, opening the path toward 0.6650 resistance. Support has formed at 0.6580, with the pair maintaining its upward trajectory from last week's lows. The combination of China's economic resilience and RBA's policy stance positions AUD/USD for potential further gains this week.