AUD/USD sellers stay in control despite RBA rate hike to 4.60%

AUD/USD remains under seller control despite the Reserve Bank of Australia's decision to raise its cash rate target by 25 basis points to 4.60%. The hike was widely expected, which may explain why it failed to lift the Australian dollar. The source reports no specific price move, pip figure or technical levels. The RBA said inflation remains too high and left the door open to further tightening if needed, a hawkish signal that would typically support the currency. The source frames the pair's reaction as counterintuitive: a rate increase might be expected to push the Australian dollar higher, yet technical control stays with sellers. For traders, the key takeaway is the gap between hawkish RBA policy and the pair's price action. Because the hike was already expected, further Australian dollar gains may depend on stronger signals of additional tightening. Until buyers regain control, the technical bias highlighted by the source remains tilted to the downside.