Danske Research maintains a bearish bias on AUD/USD post the September RBA meeting.

"RBA's widely anticipated 25bp rate hike had little impact on AUD/USD this morning. While the decision was unanimous and the Board left the door open for "increasing the cash rate target further if needed", markets were already pricing in 1-2 additional rate hikes going into the meeting," Danske notes.

"We maintain our negative stance on AUD/USD and expect the cross to trade lower towards 0.68 from the current level just above 0.70," Danske adds.