AUD/USD continues to lose ground after bouncing short of parity, but is still in the same range. Will it stabilize or continue dropping? Here’s a quick update on technicals, fundamentals and community trends. AUD to USD dropping towards 0.9725. AUD/USD Technicals Asian session: AUD USD rose all the way to 0.9962 but retreated.. Current Range: 0.9725 to 0.9850 Further levels in both directions: Below 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 0.9850, 0.9915, 1.0000, 1.0080, 1.0180, 1.0220, 1.03. A loss of 0.9725 will accelerate losses. AUD/USD Parity still not far away, but a lot of resistance on any move there. AUD/USD Fundamentals 00:30 (Wednesday) Australian Home Loans. Exp. +0.1%.Actual 1.9% – gave a temporary boost to the Aussie. 00:30 (Thursday) Australian Employment Change. Exp. +21,300. 00:30 (Thursday) Australian Unemployment Rate. Exp. 5.2%. 02:00 (Thursday) Chinese Trade Balance. Exp. 21.2 billion. 13:30 (Thursday) US Unemployment Claims. Exp. 426K. AUD/USD Sentiment Rumors about a rate hike in China weigh on the Aussie. Australian employment data will rock the Aussie. Last week, Australian data was ignored as soon as China released its numbers. This could happen again now. US Treasury yields are on the rise. This supports the dollar. The RBA’s statement focused on savings instead of the drop in the retail sales and didn’t hint about pausing for a long time. This is a good sign. Currensee Community: 94% are short, 6% are long. 417 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 Forex Daily Outlook – December 9 2010 Anat Dror 12 years AUD/USD continues to lose ground after bouncing short of parity, but is still in the same range. Will it stabilize or continue dropping? Here's a quick update on technicals, fundamentals and community trends. AUD to USD dropping towards 0.9725. AUD/USD Technicals Asian session: AUD USD rose all the way to 0.9962 but retreated.. Current Range: 0.9725 to 0.9850 Further levels in both directions: Below 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 0.9850, 0.9915, 1.0000, 1.0080, 1.0180, 1.0220, 1.03. A loss of 0.9725 will accelerate losses. AUD/USD Parity still not far away, but a lot of resistance on any move there. AUD/USD… 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.