The Aussie declined again slightly Thursday against the US Dollar following better-than-expected unemployment data. The Aussie was trading at 1.0040, down 0.57% at the time of this writing. How low will the Aussie decline against the UD Dollar in the short term? Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie traded slightly lower Thursday against the Greenback. The US Dollar was also up following US FED Chairman’s Bernanke’s comments. Current range: 1.0011 – 1.0093 Further levels: Below: 1.0013, 1.0025, 1.0031 Above: 1.0049, 1.0061, 1.0067 AUD / USD likely to find support at today’s low of 1.0010, and resistance at 1.0190. AUD/USD Fundamentals 08:30 – US – Trade Balance Exp. -40.4B 09:55 – US – Prelim UoM Consumer Sentiment Exp. 74.8 09:55 – US – Prelim Prelim UoM Inflation Expectations 21:99 – US – FOMC Member Raskin Speaks * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment The latest Australian unemployment data shows the jobless rate holding steady at 5%. The unemployment data was better-than-expected; however the increase in jobs was almost entirely from part-time jobs. Does this indicate a lack of confidence of employers in the growth prospects of the economy? Concerns over the economic effects of the Queensland flooding and Chinese rate cuts are affecting investor sentiment, causing uncertainty and risk-aversion in the markets. Currensee Community: 93% are short,7% are long. 422 open positions in real accounts trading this pair at the moment. The community is expecting lower levels of the pair ahead. Tamar Schoppik Tamar Schoppik View All Post By Tamar Schoppik AUD/USD Daily OutlooksMinors share Read Next Forex Daily Outlook – February 11 2011 Anat Dror 12 years The Aussie declined again slightly Thursday against the US Dollar following better-than-expected unemployment data. The Aussie was trading at 1.0040, down 0.57% at the time of this writing. How low will the Aussie decline against the UD Dollar in the short term? Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie traded slightly lower Thursday against the Greenback. The US Dollar was also up following US FED Chairman's Bernanke's comments. Current range: 1.0011 - 1.0093 Further levels: Below: 1.0013, 1.0025, 1.0031 Above: 1.0049, 1.0061, 1.0067 AUD / USD likely to find support at… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.