The Australian Dollar was lower Tuesday against the US dollar, following data on a deficit Australian trade balance in February. The Aussie was trading at 1.0342, down 0.21% at the time of this writing. Where will the Aussie hit Support levels? Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie started the day lower, falling throughout the early session to a daily low of 1.0289 before noon, and then climbing back up to a high of 1.0367 before consolidating to its current level. Current range: 1.0289 – 1.0367 Further levels: Below: 1.0330, 1.0334, 1.0340 Above: 1.0350, 1.0354, 1.0360 AUD / USD likely to find support at today’s low of 1.0289, and resistance at today’s high of 1.0417. AUD/USD Fundamentals 02:30 Australia Home Loans m/m Exp. -2.6% Prev. -4.5% 15:30 US Crude Oil Inventories Exp. 1.3M Prev. 2.9M * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment New US economic data today showed that the US services sector growth fell in March contrary to expectations. Australia today announced that the trade balance showed a deficit in February, for the first time in the last 12 months. The Central Bank of Australia held the overnight cash rate target at 4.75% for the fourth time in a row. Currensee Community: 84% are short, 16% are long. 297 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 Outlooks share Read Next Forex Daily Outlook – April 6 2011 Anat Dror 12 years The Australian Dollar was lower Tuesday against the US dollar, following data on a deficit Australian trade balance in February. The Aussie was trading at 1.0342, down 0.21% at the time of this writing. Where will the Aussie hit Support levels? Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie started the day lower, falling throughout the early session to a daily low of 1.0289 before noon, and then climbing back up to a high of 1.0367 before consolidating to its current level. Current range: 1.0289 - 1.0367 Further levels: Below: 1.0330,… 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.