AUD/USD had a rocky start to the new month, falling on one indicator and bouncing up on another. Will it break out of the low range? In which direction? Here’s a quick update on technicals, fundamentals and community trends. AUD to USD in range AUD/USD Technicals Asian session: AUD USD dropped to support on GDP and bounced back on Chinese PMI. It remained in range. Current Range: 0.9540 to 0.9660. Further levels in both directions: Below 0.9540, 0.9460, 0.9366. Above 0.9660, 0.9725, 0.9863, 0.9915, 1.0000, 1.0080, 1.0180, 1.0220, 1.03. 0.9660 turned from strong support to strong resistance. 0.9540 proved to be strong support. AUD/USD Fundamentals 00:30 Australian GDP. Exp. +0.5%. Actual +0.2%. Disappointment. 1:00 Chinese Manufacturing PMI. Exp. 54.8. Actual 55.2. Boosts the Aussie. 5:30 Austalian Commodity Prices. Actual 44.4% (year over year). 13:15 US ADP Non-Farm Payrolls. Exp. 70K. 14:10 US FOMC member Janet Yellen talks. 15:00 US ISM Manufacturing PMI. Exp. 56.4 points. 15:00 US Construction Spending. Exp. -0.3%. 19:00 US Beige Book. AUD/USD Sentiment The American Non-Farm Payrolls is getting closer, and today we have two important indicators that will provide hints towards the NFP. North Korean attack on South Korea surprises the world and triggers risk aversive trading. The Aussie is sensitive to this news, but the Korean tensions are slowly defusing. Contagion spreading: Fears that Spain and Italy will also need bailout packages impacts the whole world, not only the Euro. Portugal might receive aid soon. Here’s the latest contagion update. Currensee Community: 92% are short, 8% are long. 372 open positions in real accounts trading this pair at the moment. The community continues seeing more falls in AUD/USD. Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Belgian Bond Yields On the Rise as Well Yohay Elam 12 years AUD/USD had a rocky start to the new month, falling on one indicator and bouncing up on another. Will it break out of the low range? In which direction? Here's a quick update on technicals, fundamentals and community trends. AUD to USD in range AUD/USD Technicals Asian session: AUD USD dropped to support on GDP and bounced back on Chinese PMI. It remained in range. Current Range: 0.9540 to 0.9660. Further levels in both directions: Below 0.9540, 0.9460, 0.9366. Above 0.9660, 0.9725, 0.9863, 0.9915, 1.0000, 1.0080, 1.0180, 1.0220, 1.03. 0.9660 turned from strong support to strong resistance. 0.9540 proved… 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.