The AUD/USD pair is moving higher towards the 0.6550 level, driven by a hawkish tone from the Reserve Bank of Australia (RBA) and weakness in the US dollar. The RBA’s optimistic outlook on the economy has boosted the Australian dollar, while the greenback has been under pressure due to concerns about the US economy. Traders are closely monitoring the developments in both currencies, as they look for opportunities to capitalize on the shifting dynamics in the forex market. The AUD/USD pair is expected to continue its upward momentum in the near term, as long as the RBA maintains its hawkish stance and the US dollar remains weak.