The Aussie got off to a good start against the US Dollar for the week but fell Tuesday following a surge in demand for the Greenback. The Aussie was trading at 0.9963, down 0.66% at the time of this writing. Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie fell against the US Dollar in trading Tuesday following a good outlook on US retail sales and a rise in US business inventories. Current range: 0.9955- 1.0059 Further levels: Below: 0.9968, 0.9977, 0.9982 Above: 0.9996, 1.0005, 1.0010 AUD / USD likely to find support at 0.9961, and resistance at 1.0139. AUD/USD Fundamentals 08:30 – US – Building Permits Exp. 0.57M 08:30 – US – PPI m/m Exp. 0.9% 08:30 – US – Core PPI m/m Exp. 0.2% 08:30 – US – Housing Starts Exp. 0.55M 09:15 – US -Capacity Utilization Rate Exp. 76.4% 09:15 – US -Industrial Production m/m Exp. 0.5% 10:00 – US -Treasury Secretary Geithner Speaks 10:30 – US – Crude Oil Inventories Exp. 1.8M 14:00 – US – FOMC Meeting Minutes 14:00 – US – Treasury Secretary Geithner Speaks 16:45 – New Zealand – PPI Input q/q Exp.0.4% 17:10 – Australia – RBA Assist Gov Lowe Speaks * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment US Retail Sales are expected to rise 0.5% for the month of January, the seventh consecutive rise. While concern over the health of the US economy remains, this is a good sign that the US economy is on the road to recovery as it is a good indication of a rise in consumer confidence and demand. US Business inventories also rose more than expected for the month of December Currensee Community: 79% are short, 21% are long. 414 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 16 2011 Anat Dror 12 years The Aussie got off to a good start against the US Dollar for the week but fell Tuesday following a surge in demand for the Greenback. The Aussie was trading at 0.9963, down 0.66% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie fell against the US Dollar in trading Tuesday following a good outlook on US retail sales and a rise in US business inventories. Current range: 0.9955- 1.0059 Further levels: Below: 0.9968, 0.9977, 0.9982 Above: 0.9996, 1.0005, 1.0010 AUD / USD likely to find support… 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.