AUD and the RBA - watching the range

Saw the $AUD hit 0.1028 earlier today, which feels like a decent move given the general sentiment. The RBA minutes didn't really throw any major curveballs, more of the same cautious hawkishness we've come to expect. They're still talking about inflation being sticky, which isn't exactly groundbreaking, but it does keep the rate hike option on the table, even if it's a distant one.

My take is that $AUDUSD is still largely dictated by global risk appetite and commodity prices rather than anything truly domestic at this point. That 0.0911 low is holding for now, but I'm not convinced we have a strong directional signal just yet. Might see it chop around here for a bit unless we get a clearer indication from core inflation data or a significant shift in the broader market's risk-on/off mode. Keeping it on the watchlist for signs of a break above the recent high or a firm rejection.