The Australian Dollar was lower Tuesday against the US dollar, on the back of lower Asian markets following the Japanese nuclear crisis level increase, continuing the latest trend reversal. The Aussie was trading at 1.0477, down 0.19% at the time of this writing. Where is the Aussie headed? Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie had a mixed session Tuesday, climbing to 1.0519, the high of the day at the end of the first half of the session. The Aussie then fell to a low of 1.0451 before consolidating to its present level. Current range: 1.0390 – 1.0523 Further levels: Below: 1.0431, 1.0442, 1.0460 Above: 1.0489, 1.0500, 1.0518 AUD / USD likely to find support at 1.0391, and resistance at today’s high of 1.0583. AUD/USD Fundamentals 01:30 Australia Westpac Consumer Sentiment Prev. -2.4% 13:30 US Core Retail Sales m/m Exp. 0.7% Prev. 0.7% 13:30 US Retail Sales m/m Exp. 0.6% Prev. 1.0% 15:00 US Business Inventories m/m Exp. 0.8% Prev. 0.9% 15:30 US Crude Oil Inventories Exp. 0.9M Prev. 2.0M 18:00 Australia RBA Gov Stevens Speaks 19:00 US Beige Book * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment Japan upgraded the level of its Nuclear crisis at the stricken Fukushima Power Plant to a level 7, the highest international nuclear crisis level and the same level as the 1986 Chernobyl nuclear disaster. The US reported today that consumer confidence in April fell unexpectedly. The Aussie dropped lower today as Asian markets retreated due to Japan’s upgrade of the nuclear crisis level. Currensee Community: 83% are short, 17% are long. 303 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 13 2011 Anat Dror 12 years The Australian Dollar was lower Tuesday against the US dollar, on the back of lower Asian markets following the Japanese nuclear crisis level increase, continuing the latest trend reversal. The Aussie was trading at 1.0477, down 0.19% at the time of this writing. Where is the Aussie headed? Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie had a mixed session Tuesday, climbing to 1.0519, the high of the day at the end of the first half of the session. The Aussie then fell to a low of 1.0451 before consolidating to its… 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.