AUD/USD made its way up in the high range, but then dropped sharply. Will we continue seeing this high range? Here’s a quick update on technicals, fundamentals and community trends. AUD to USD in high range AUD/USD Technicals Previous sessions: AUD/USD gradually climbed, but then bounced well before resistance. Current Range: 1.0080 to 1.0180. Further levels in both directions: Below 1.0080, 1, 0.9915, 0.9840, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 1.0180, 1.0220, 1.03. AUD USD Parity now strong and even far support. Multi-year high of 1.0180 serves as strong resistance. AUD/USD Fundamentals No events today, but the calendar becomes busier on Thursday. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment The Chinese rate hike had an immediate and negative impact on the Aussie at the beginning of the week, but then faded away. Fears of a housing bubble in Australia also made way for some hope. No bad news from Europe in this holiday week, help push the Aussie higher on risk appetite. Currensee Community: 92% are short, 8% are long. 360 open positions in real accounts trading this pair at the moment. The community continues seeing more falls in AUD/USD. 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 AUD/USD Daily Outlooks share Read Next Forex Daily Outlook – December 29 2010 Anat Dror 11 years AUD/USD made its way up in the high range, but then dropped sharply. Will we continue seeing this high range? Here's a quick update on technicals, fundamentals and community trends. AUD to USD in high range AUD/USD Technicals Previous sessions: AUD/USD gradually climbed, but then bounced well before resistance. Current Range: 1.0080 to 1.0180. Further levels in both directions: Below 1.0080, 1, 0.9915, 0.9840, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 1.0180, 1.0220, 1.03. AUD USD Parity now strong and even far support. Multi-year high of 1.0180 serves as strong resistance. AUD/USD Fundamentals No events today, but the calendar becomes… 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.
