AUD/USD reacted positively to the maintenance of the RBA interest rate

AUD/USD had a bullish Asian session as the RBA has decided to keep the interest rate at 2.50%, so the reaction has been clearly positive in this pair.

Technically, the Aussie has managed to break the resistance level at 0.8809 and next target would be the level of 0.8867. If the pair manages to break that level, the next target would be the level of 0.8903. For now, the AUD/USD is consolidating above the 200 SMA on the H1 chart. The local supports are fixed at levels 0.8773, 0.8715 and 0.8679. However, the bullish outlook remains in the aussie, so it is advisable to follow the current trend, as the AUD/USD managed to overcome the strength of the bears at the level of 0.8809.

The MACD indicator is in positive territory.

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