The initial reaction to the RBA decision was relatively muted, with the AUDUSD actually moving lower after the announcement. For now, the buyers have the advantage with the price back above the 100-day moving average. It would take a move back below that moving average to give the sellers more hope. More downside control would come on a break below the rising 200-hour moving average at 0.7036. Move back below the 100-day moving average, and the bullish technical bias starts to weaken.