Australian dollar rallies as upbeat data reinforces view rates on hold

SYDNEY, Feb 6 (Reuters) - The Australian dollar AUD=D4 rose half a U.S. cent on Thursday after upbeat trade and retail data supported the view the Reserve Bank of Australia was done cutting interest rates.

The Aussie dollar leapt to $0.8975, its highest in nearly a month, from $0.8909 in early trade. A break above key chart resistance of $0.8988 would target $0.9087, the January peak.

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(Reporting by Cecile Lefort; Editing by Eric Meijer)

((Cecile.Lefort@thomsonreuters.com)(+61 2 9373-1234)(Reuters Messaging: cecile.lefort.thomsonreuters@reuters.net))

Keywords: MARKETS AUSTRALIA/FOREX