The Aussie continued its rally against the US Dollar Tuesday, continuing on the back of an improved economic growth outlook for Australia and China’s interest rate hike. The Aussie was trading at 1.0160 up 0.25% at the time of this writing. Where is the top of the current Aussie rally? Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie traded higher Tuesday against the US Dollar which was down against almost all other currencies following China’s interest rate hike. Current range: 1.0115 – 1.0190 Further levels: Below: 1.0117, 1.0133, 1.0144 Above: 1.0171, 1.0187, 1.0198 AUD / USD likely to find support at Thursday’s low of 1.0084, and resistance at 1.0223. AUD/USD Fundamentals 15:00 – US – Fed Chairman Bernanke Testifies 15:30 – US – Crude Oil Inventories Exp. 2.2M, Previous 2.6M * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment The US Dollar was lower Tuesday following China’s interest rate hike, the second in six weeks. Australian economic growth data is mixed. The Australian Reserve Bank is optimistic on the outlook for the year ahead. However, retail sales were lower than expected and construction growth seems to be lagging behind the overall economic growth. Currensee Community: 90% are short,10% are long. 425 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 OutlooksMinors share Read Next Forex Daily Outlook – February 9 2010 Anat Dror 12 years The Aussie continued its rally against the US Dollar Tuesday, continuing on the back of an improved economic growth outlook for Australia and China's interest rate hike. The Aussie was trading at 1.0160 up 0.25% at the time of this writing. Where is the top of the current Aussie rally? Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie traded higher Tuesday against the US Dollar which was down against almost all other currencies following China's interest rate hike. Current range: 1.0115 - 1.0190 Further levels: Below: 1.0117, 1.0133, 1.0144 Above: 1.0171,… 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.