The Australian Dollar was lower today against the US Dollar on the back of spreading unrest in the Middle East, driving an increase in demand for the safety of the Greenback. What direction is the Australian Dollar headed in? Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie was down Monday against the US Dollar as traders sought the relative safety of the Greenback following the spreading of unrest in the Middle East and the uncertainty of the greater effect of the spreading unrest. Current range: 1.0075- 1.0145 Further levels: Below: 1.0003, 0.97889, 0.94048 Above: 1.0187, 1.0385, 1.0581 AUD / USD likely to find support at 1.0015, and resistance at 1.0189. AUD/USD Fundamentals 09:00 – US    S&P/CS Composite-20 HPI y/y      Exp. -2.2% 10:00 – US    CB Consumer Confidence            Exp. 65.1   10:00 – US    Richmond Manufacturing Index      Exp. 18      13:00 – US     FOMC Member Kocherlakota Speaks       17:00 – Australia     RBA Gov Stevens Speaks         19:30 – Australia     Construction Work Done q/q    Exp.1.5%   19:30 – Australia     Wage Price Index q/q          Exp. 0.9% * All times are GMT. For the major events due later in the week, see the  AUD/USD forecast. AUD/USD Sentiment China upped its Reserve Ration requirement by 50BP on Friday. These Hikes are having less of an effect on the Aussie as they have been occurring more frequently over the past year. While there is inherent uncertainty in the Aussie from a technical standpoint, there is also greater sentimental uncertainty following the spread of unrest in the Middle East to additional nations, and the uncertain fallout that this will have on the region in particular and the global economy as a whole.  Currensee Community: 93% are short, 7% are long. 432 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 Outlooks share Read Next Forex Daily Outlook – February 22 2011 Anat Dror 11 years The Australian Dollar was lower today against the US Dollar on the back of spreading unrest in the Middle East, driving an increase in demand for the safety of the Greenback. What direction is the Australian Dollar headed in? Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie was down Monday against the US Dollar as traders sought the relative safety of the Greenback following the spreading of unrest in the Middle East and the uncertainty of the greater effect of the spreading unrest. Current range: 1.0075- 1.0145 Further levels: Below: 1.0003, 0.97889,… 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.